Question: please answer all the required Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,490 3,875 May
Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,490 3,875 May June 4,540 July 4,125 3,990 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 $2.90 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 3,683 pounds. Required: 1. Determine budgeted production for April, May, and June. s 2. Determine budgeted cost of materials purchased for April and May. Complete this question by entering your answers in the tabs below
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