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Trevor Cycles manufactures chainless bicycles. On March 31, Trevor Cycles had 309 bikes in inventory. The company has a policy that the ending inventory in
Trevor Cycles manufactures chainless bicycles. On March 31, Trevor Cycles had 309 bikes in inventory. The company has a policy that the ending inventory in any month must be 30% of the following month's expected sales. Trevor 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. Trevor Cycles Production Budget For the Months of April through June Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce April May June Quarter
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