1. Shadee Corp. expects to sell 530 sun visors in May and 380 in June. Each visor sells for $20. Shadees beginning and ending finished goods inventories for May are 85 and 45 units, respectively. Ending finished goods inventory for June will be 65 units.

It expects the following unit sales for the third quarter:

July	560
August	450
September	450

Sixty percent of Shadees sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 36 percent is collected during the following month, and 12 percent is never collected.

Required:

Calculate Shadees total cash receipts for August and September. (Do not round your intermediate calculations. Round your answers to the nearest whole dollar.)

	August	September
Total Cash Receipts

2. Croy Inc. has the following projected sales for the next five months:

Month	Sales in Units
April	3,480
May	3,820
June	4,570
July	4,160
August	3,950

Croys finished goods inventory policy is to have 50 percent of the next months sales on hand at the end of each month. Direct materials costs $3.20 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next months production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,650 pounds.

Required:

1. Determine budgeted production for April, May, and June.

	April	May	June
Budgeted Production (Units)

2. Determine budgeted cost of materials purchased for April and May.

	April	May
Budgeted Cost of Material Purchased