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Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 101 bikes in inventory....

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Trader Cycles manufactures chainless bicycles. On March 31, Trader Cycles had 101 bikes in inventory. The company has a policy that the ending inventory in any month must be 10% of the following month's expected sales. Trader 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. Data Table June Quarter Trader Cycles Production Budget For the Months of April through June April May Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce April May 1,010 bikes 1.170 bikes 1,300 bikes 1,270 bikes June July Print Done

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