The Consumer Products Division of Mickolick Corporation had average operating assets of $479,000 and net operating income of $40,000 in August. The minimum required rate of return for performance evaluation purposes is 8%. What was the Consumer Products Division's residual income in August? Walsh Company expects sales of Product W to be 68,000 units in April, 70,000 units in May and 73,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Given this information. Walsh Company's production of Product W for the month of May should be: Tidewater plans to sell 87,000 units of product no. 794 in May, and each of these units requires three units of raw material. Pertinent data follow. On the basis of the information presented, how many units of raw material should Tidewater purchase for use in May production