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Mountain High makes and sells specialty mountain bikes. On June 30, the company had 50...

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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 August September 1,200 bikes 1,000 bikes 900 bikes What is the projected production for August

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