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Gillman Co. is forecasting sales of 62,000 units of product for August. To make one unit of finished product, 5 pounds of raw materials an
Gillman Co. is forecasting sales of 62,000 units of product for August. To make one unit of finished product, 5 pounds of raw materials an required. Actual beginning and desired onding inventories of raw materials and finished goods are as follows Raw materials (pounds) Finished goods (units) August 1 August 31 (Actual) (Desired 68,900 8,040 73.900 5.430 Required a. Calculate the number of units of product to be produced during August Number of units be produced b. Calculate the number of pounds of raw materials to be purchased during August Number of pounds purchased
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