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Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 106 bikes in inventory. The company has a policy that the ending inventory in
Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 106 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. Quarter Trader Cycles Production Budget For the Months of April through June April May Unit sales 1,060 1.110 Plus: Desired ending Inventory Total needed 106 Lose: Beginning inventory June 1,380 Units to produce Data table 1,060 bikes April. .... May 1,110 bikes June 1,380 bikes July... 1,200 bikes
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