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City Cycle makes and sells specialty folding bikes. On 30 June, the company had 150 bikes in finished goods inventory. The company's policy is to
City Cycle makes and sells specialty folding bikes. On 30 June, the company had 150 bikes in
finished goods inventory. The company's policy is to maintain a bike inventory of 10 per cent of
the next month's sales. The company expects the following sales activity for the third quarter of
the year:
July
3 600 bikes
August
3 000 bikes
September
2 700 bikes
Required
What is the projected production for August?
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