Gillman Co. is forecasting sales of 80,600 units of product for August. To make one unit of finished product, five pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are as follows:

Required:

a. Calculate the number of units of product to be produced during August.

b. Calculate the number of pounds of raw materials to be purchased during August.

Transcribed Image Text:

August 1 (Actual) August 31 (Desired) Raw materials (pounds) 88,600 10,800 97,100 7,700 Finished goods (units)