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Tillman Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 204 bikes in inventory. The company has a policy that the ending inventory in

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Tillman Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 204 bikes in inventory. The company has a policy that the ending inventory in any month must be 20% of the following month's expected sales. Tillman Cycles expects to sell the following number of bikes in each of next four months: (Click the icon to view the data) Prepare a production budget for the second quarter, with a column for each month and for the quarter. Tillman Cycles Production Budget For the Months of April through June April May Data Table June Quarter Unit sales Plus: Desired ending inventory Total needed 1,020 bikes April May 1,110 bikes Less: Beginning inventory June 1,360 bikes Units to produce July 1,280 bikes Print Done

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