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C-Cubed had the following information from the end of last year for its Mountain Bikes: Budgeted Bike Sales for October Budgeted Bike Sales for November
C-Cubed had the following information from the end of last year for its Mountain Bikes: Budgeted Bike Sales for October Budgeted Bike Sales for November Budgeted Bike Sales for December Desired Ending Finished Goods Inventory Cash Collected from Sales in November Cash Available on November 1 Cash Disbursements in November Interest Received During November Loan Payments Made During November What was the required production for November? 115 bikes 100 bikes 120 bikes 5% of the following month's unit sales $40,000 $5,000 $25,000 $500 $8,000
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