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Trainor Cycles manufactures chainless bicycles. On March 31, Trainor Cycles had 318 takes in inventory. The company has a policy that the ending inventory in

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Trainor Cycles manufactures chainless bicycles. On March 31, Trainor Cycles had 318 takes in inventory. The company has a policy that the ending inventory in any month must be 30% of the following month's expected sales. Trainor Cycles expects to sell the following number of bikes in each of next four months. Prepare a production budget for the second quarter, with a column tor each month and for the quarter

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