Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows: 5,800 units 6,230 units Actual: May June Forecast: July August September October 5,960 units 6,860 units 5,660 units 5,330 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 70% of the next month's sales. It is currently estimated that there will be 4,172 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. Answer is complete but not entirely correct. July 5,890 X August 4.802 September 3,962 Production b. Each unit of finished product requires 6 pounds of raw materials. The firm's policy is to have raw material inventory on hand at the end of each month that is equal to 70% of the next month's estimated usage. It is currently estimated that 25,900 pounds of raw materials will be on hand at the end of June. Calculate the number of pounds of raw materials to be purchased in each of the months of July and August Answer is complete but not entirely correct. July 29,862 % August 30,702 Purchases