Question
Trainor Cycles manufactures chainless bicycles. On March 31, Trainor Cycles had 106 bikes in inventory. The company has a policy that the ending inventory
Trainor Cycles manufactures chainless bicycles. On March 31, Trainor 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. Trainor 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. Unit sales Trainor Cycles Production Budget For the Months of April through June Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce April May Data table June Quarter April 1,060 bikes May 1,130 bikes June 1,330 bikes July 1,270 bikes Print Done
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