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8 2 9.09 points Skipped Itranscript Croy Incorporated has the following projected sales for the next five months: Month. April May Sales in Units 3,600
8 2 9.09 points Skipped Itranscript Croy Incorporated has the following projected sales for the next five months: Month. April May Sales in Units 3,600 3,810 4,530 4,120 Saved eBook References June July August 3,930 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 cost $3.30 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 direct 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. Note: Do not round your intermediate calculations and round your final answers to the nearest whole number. Budgeted Production (Units) April May June 2 9.09 points Itranscript Croy Incorporated has the following projected sales for the next five months: Sales in Month Units Skipped April 3,600 May 3,810 June 4,530 4,120 eBook References July August 3,930 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 cost $3.30 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 direct materials purchased for April and May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted cost of direct materials purchased for April and May. Note: Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places. April May Budgeted Cost of Material Purchased < Required 1 Required 2 >
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