Production Budget
Mountain High makes and sells specialty mountain bikes. On June30, the company had 50 bikes in finished-goods inventory. Thecompany’s policy is to maintain a bike inventory of 5 percent ofthe next month’s sales. The company expects the following salesactivity for the third quarter of the year:
Required:
What is the projected production for August?bikes
August September 1,200 bikes 1,000 bikes 900 bikes Show transcribed image text August September 1,200 bikes 1,000 bikes 900 bikes
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