Question: Mountain High makes and sells specialty mountain bikes On June

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?


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  • CreatedMarch 11, 2015
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