Question: Current Attempt in Progress Crane Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units April 2,090 May 2,190 June

 Current Attempt in Progress Crane Ltd. estimates sales for the second

Current Attempt in Progress Crane Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units April 2,090 May 2,190 June 1,960 The target ending inventory of finished products is as follows. March 31 1,640 April 30 1,820 May 31 1,800 June 30 1,900 Two units of materials are required for each unit of finished product. Production for July is estimated at 2,210 units to start building inventory for the fall sales period. Crane's policy is to have an inventory of raw materials at the end of each month equal to 50% of the following month's production requirements. Raw materials are expected to cost $4 per unit throughout the period. Calculate the May raw materials purchases in dollars. Raw material purchases cost $

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