Trent Cycles manufactures chainless bicycles. On March 31, Trent Cycles had 103 bikes in inventory. The company's policy is that the ending inventory in any
Trent Cycles manufactures chainless bicycles. On March 31, Trent Cycles had 103 bikes in inventory. The company's policy is that the ending inventory in any month must be 10% of the following month's expected sales. Trent Cycles expects to sell the following number of bikes in each of next 4 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. Trent Cycles - X Production Budget Data table For the Quarter ended June 30 Month April . . . . . 1,030 bikes April May June 2nd Quarter May 1,180 bikes Unit sales June 1,310 bikes Plus: Desired ending inventory July.......... . . ...... 1,340 bikes Total needed Less: Beginning inventory Units to produce Print Done
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