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Assume the sales budget for April and May is 30,000 units and 32,000 units, respectively....

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Accounting

Assume the sales budget for April and May is 30,000 units and 32,000 units, respectively. The production budget for the same two months is 27,000 units and 28,800 units, respectively. Beginning raw material inventory for April is 16,200 pounds. Each unit of finished goods required 4 pounds of raw materials and costs $3? lb. The company always maintains raw materials inventory equal to 15% of the following month's production needs. What is the budgeted cost of RM purchases for April?
Assume a merchandising company provides the following information from its master budget for the month of May:
\table[[Cash balance, May 1,$20,000
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