question archive Assignment 2) Production budget Nichols Cycles manufactures chainless bicycles
Assignment 2) Production budget Nichols Cycles manufactures chainless bicycles
Subject:AccountingPrice: Bought3
Assignment 2) Production budget Nichols Cycles manufactures chainless bicycles. On March 31, Nichols Cycles had 100 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. Nichols Cycles expects to sell the following number of bikes in each of the next four months: April... May.. June. 1,000 bikes 1,170 bikes 1,360 bikes 1,250 bikes July
