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Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows: 5,930 units 6,230 units Actual:
Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows: 5,930 units 6,230 units Actual: May June Forecast: July August September October 6,070 units 6,730 units 5,620 units 5,200 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 3,338 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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