Question

Mountain High makes and sells specialty mountain bikes. On June 30, the company had 50 bikes in finished goods inventory. The company’s policy is to maintain a bike inventory of 5 percent of the next month’s sales. The company expects the following sales activity for the third quarter of the year:
July ........ 1,200 bikes
August ........ 1,000 bikes
September ..... 900 bikes

Required
What is the projected production for August?



$1.99
Sales1
Views194
Comments0
  • CreatedMarch 11, 2015
  • Files Included
Post your question
5000