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Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 214 bikes in inventory. The company has a policy that the ending inventory in
Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 214 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. Trader Cycles expects to sell the following number of bikes in each of next four months: E: (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. Trader Cycles i Data Table - Production Budget For the Months of April through June April May June Quarter April. 1,070 bikes Unit sales May 1,190 bikes June Plus: Desired ending inventory 1,350 bikes Total needed July 1,270 bikes Less: Beginning inventory Print Done Units to produce
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