Question: 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 |
What is the projected production for August?