Gillman Co. is forecasting sales of 62,000 units of product for August. To make one unit of

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Gillman Co. is forecasting sales of 62,000 units of product for August. To make one unit of finished product, 5 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

Gillman Co. is forecasting sales of 62,000 units of product

Required:
a. Calculate the number of units of product to be produced during August.
b. Calculate the number of pounds of raw materials to be purchased duringAugust.

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Accounting What the Numbers Mean

ISBN: 978-0078025297

10th edition

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele

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