Business, 17.04.2020 16:18, marmee

Cycles manufactures chainless bicycles. On March 31, Trapper Cycles had 214 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:

April. . . . . . . . . . . . . . . . . . . .1,060 bikes

May. . . . . . . . . . . . . . . . . . . .1,140 bikes

June. . . . . . . . . . . . . . . . . . . .1,340 bikes

July. . . . . . . . . . . . . . . . . . . . .1,270 bikes

Prepare a production budget for the second quarter, with a column for each month and for the quarter.

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Cycles manufactures chainless bicycles. On March 31, Trapper Cycles had 214 bikes in inventory. The...