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Osage Incorporated has actual sales for May and June and forecast sales for July, August, September, and October as follows: Actual: May June Forecast: July August September October 6,500 units 5,900 units 6,500 units 7,200 units 5,300 units 6,400 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 50% of the next month's sales. It is currently estimated that there will be 3,250 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. b. Each unit of finished product requires 6.5 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 80% of the next month's estimated usage. It is currently estimated that 25,500 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. Required A Complete this question by entering your answers in the tabs below. Required B

Osage Incorporated has actual sales for May and June and forecast sales for July. August, September, and October as follows: Required: a. The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 50% of the next month's sales. It is currently estimated that there will be 3,250 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. b. Each unit of finished product requires 6.5 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 80% of the next month's estimated usage. It is currently estimated that 25,500 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. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 50% of the next month's sales. It is currently estimated that there wili be. 3,250 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. Note: be not round your intermediate calculations. Round your final answers to the nearest whole numbers. Complete this question by entering your answers in the tabs below. Each unit of finished product requires 6.5 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 80% of the next month's estimated usage. It is currently estimated that 25,500 pounds of raw materials will be on hand at the end of June. Calculate the number of pounds of raw materiais to be purchased in each of the months of July and August. Note: Round your intermediate calculations and final answers to the nearest whole numbers

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