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Trapper Cycles manufactures chainless bicycles. On March 31, Trapper Cycles had 204 bikes in inventory. The company has a policy that the ending inventory in
Trapper Cycles manufactures chainless bicycles. On March 31, Trapper Cycles had 204 bikes in inventory. The company has a policy that the ending inventory in any month must be 20% of the following month's expected sales. Trapper 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
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