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Trainor Cycles manufactures chainless bicycles. On March 31, Trainor Cycles had 107 bikes in inventory. The company has a policy that the ending inventory in
Trainor Cycles manufactures chainless bicycles. On March 31, Trainor Cycles had 107 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. Trainor 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. i Data Table April ... 1,070 bikes 1,140 bikes May ...... Trainor Cycles Production Budget For the Months of April through June April May June Quarter Unit sales 1,070 1,140 1,300 3,510 Plus: Desired ending inventory _ 10.7 _ 107 _ 114 1 24 Total needed 1080.7 1247 1414 3741.7 June 1,300 bikes 1,240 bikes July Print Done Enter any number in the edit fields and then click Check
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