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Business, 16.04.2020 18:25 ramireznoem1031
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 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, Tillman Cycles had 106 bikes in inventory. The...
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