value 2.00 points Croy Inc, has the following projected sales for the next five months:...
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value 2.00 points Croy Inc, has the following projected sales for the next five months: Month April May Sales in Units 3,850 3,875 4,260 4.135 3,590 July August Croy's finished goods inventory policy is to have 60 percent of the next month's sales on hand at the end of each month. Direct material costs $3.10 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,865 pounds. Required 1. Determine budgeted production for April, May, and June April May June Budgeted Production (Units) 3,865 4,106 4,185 2. Determine the budgeted cost of materials purchased for April, May, and June. (Round your answers to 2 decimal places.) May Budgeted Cost of Material Purchased This is a numeric cell, so please enter numbers only
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