6 E8-12 (Algo) Preparing Production, Direct Materials Purchases Budgets (LO 8-3b, c) 0.85 Joints Itoy Inc. has the following projected sales for the next five months Month April May June July August Sales In Units 3,490 3,920 4,520 4.135 3,910 300k As References 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 costs $2.70 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 3,705 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of 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. (Do not round your intermediate calculations and round your final answers to the nearest whole number.) Budgeted Production (Units) April 3.725 June May 4.2151 4313 Required 2 >