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Trainor Cycles manufactures chainless bicycles. On March31, Trainor Cycles had 214 bikes in inventory. The company has a policy that the ending inventory in any

Trainor Cycles manufactures chainless bicycles. On March31, Trainor Cycles had 214

bikes in inventory. The company has a policy that the ending inventory in any month must be 20%

of the followingmonth's expected sales. Trainor Cycles expects to sell the following number of bikes in each of next fourmonths:

April. . . . . . . . . . . . . . . . . .

1,070 bikes

May. . . . . . . . . . . . . . . . . .

1,150 bikes

June. . . . . . . . . . . . . . . . .

1,380 bikes

July. . . . . . . . . . . . . . . . . .

1,220 bikes

What would a production budget for the secondquarter, with a column for each month and for the quarter look like?

Trainor Cycles

Production Budget

For the Months of April through June

April May June Quarter

Unit sales: ________________________

Plus: Desired ending inventory: __________________________

Total needed: ____________________________

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