5. DSE plc sells two products, N and O. Each product requires the same raw material in its manufacture. One N requires 7kg of the material and one O requires 4kg. The budget is: N units units Sales 31,000 23,000 Opening finished goods 3,000 6,000 Closing finished goods 4,000 4,000 Opening inventory of the raw material is budgeted at 50,000kg and raw material inventory is planned to increase by 8% over the quarter The budgeted raw material purchases for the quarter are A. 304,000 kg B. 306,000 kg C. 312,000 kg D. 314,000 kg 6. Following statements have been made about forecasting using time series analysis. It is: 1. useful for seasonal businesses wishing to determine the amount and timing of future production 2. useful for predicting future materials prices. 3. useful for predicting the relationship between rainfall and crop yields. 4. useful for predicting monthly holiday bookings on a website Which of these statements is correct? O A. Statements (1) and (4) only) OB. Statement (1) only OC. Statements (1) (2) and (4) OD. Statements (1) (2) (3) and (4)