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Hi, please provide full explanations to this question. Thanks! Question) City Circle makes and sells specialty folding bikes. On 30 June, the company had 150

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Hi, please provide full explanations to this question. Thanks!

Question) City Circle makes and sells specialty folding bikes. On 30 June, the company had 150 bikes in finished goods inventory. The company had 150 bikes in finished goods inventory. The company had 150 bikes in finished goods inventory. The company's policy is to maintain a bike inventory of 10 percent of the next month's sales. The company expects the following sales activity for the third quarter of the year: July Aug Sep 3600 bikes 3000 bikes 2700 bikes Required: What is the projected production for August

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