E3-12 (Algo) Preparing Production, Direct Materials Purchases Budgets [LO 8-3b, cl Croy Inc. has the following projected sales for the next five months 12 Month April May June Sales In Urs 3.600 3,675 4.520 4.195 3.90 August 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 $270 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 3.738 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. Red Rund 2 Determine budgeted production for April May, and June. (Do not found your intermediate calculations and round your final ant to the nearest whole number April May June Budgeted Production Unit |