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Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows: Actual: May June 5,960
Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows: Actual: May June 5,960 units 6,260 units Forecast: July 5,960 units August 6,890 units September 5,610 units October 5,300 units Required: a. The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 55% of the next month's sales. It is currently estimated that there will be 3,278 units on hand at the end of June. Calculate the number of units to be produced in each of the months of July, August, and September. July August September Production
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