Business, 25.04.2020 00:35 nmoareah

Cycles manufactures chainless bicycles. On March 31, Tillman Cycles had 106 bikes in inventory. The company has a policy that the ending inventory in any month must be 10% of the followingmonth's expected sales. Tillman Cycles expects to sell the following number of bikes in each of next four months:April. . . . . . . . . . . . . . . . . . . .1,060 bikesMay. . . . . . . . . . . . . . . . . . . .1,140 bikesJune. . . . . . . . . . . . . . . . . . . .1,340 bikesJuly. . . . . . . . . . . . . . . . . . . . .1,270 bikesPrepare 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, Tillman Cycles had 106 bikes in inventory. The...

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