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Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 100 bikes in inventory. The company has a policy that the ending inventory in
Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 100 bikes in inventory. The company has a policy that the ending inventory in any month must be 10% of the following month's expected sales. Trader 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. Trader Cycles Production Budget For the Months of April through June April May June Quarter Unit sales 1,000 1,110 1,370 3,40 Plus: Desired ending inventory 110 137 124 124 Total needed 1,110 1,247 1,494 3,604 Less: Beginning inventory 100 110 137 100 Units to produce - X Data table April... 1,000 bikes May 1,110 bikes June.. 1,370 bikes Get more help July.. 1,240 bikes ver
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