Croy Incorporated has the following projected sales for the next five months: Sales in Month Units...

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Croy Incorporated has the following projected sales for the next five months: Sales in Month Units April 3,400 May 3,825 June 4,640 July August 4,175 3,950 Croy's finished goods inventory policy is to have 50 percent of the next month's sales on hand at the end of each month. Direct materials cost $3.00 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,613 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of direct materials purchased for April and May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted production for April, May, and June. Note: Do not round your intermediate calculations and round your final answers to the nearest whole number. Budgeted Production (Units) April May June < Required 1 Required 2 Croy Incorporated has the following projected sales for the next five months: Sales in Month Units April 3,400 May 3,825 June 4,640 July August 4,175 3,950 Croy's finished goods inventory policy is to have 50 percent of the next month's sales on hand at the end of each month. Direct materials cost $3.00 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,613 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of direct materials purchased for April and May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted production for April, May, and June. Note: Do not round your intermediate calculations and round your final answers to the nearest whole number. Budgeted Production (Units) April May June < Required 1 Required 2

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Required 1 Determine budgeted production for April May and June To calculate the budgeted production for each month we need to consider the desired fi... View the full answer