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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Production and purchases budgets Pelican Co. is forecasting sales of 40,300 units of product for October. To make one unit of finished product, 10 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materi- als and finished goods are: October 1 October 31 (Actual) (Desired) Raw materials (pounds) . . . . . . . . . 48,550 44,300 Finished goods (units) . . . . . . . . . . . 3,850 5,400 Required: a. Calculate the number of units of product to be produced during October. b. Calculate the number of pounds of raw materials to be purchased during October.
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