Calculate the number of units of product

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Reference no: EM131796948

Gillman Co. is forecasting sales of 62,100 units of product for August. To make one unit of finished product, 7 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

August 1 (Actual)

August 31 (Desired)

  Raw materials (pounds)

74,800

  68,300

  Finished goods (units) 

5,650

  8,040

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:

Reference no: EM131796948

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