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Croy Inc. has the following projected sales for the next five months Month April May June July August Sales in Units 3,520 3,920 4,600 4,130

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Croy Inc. has the following projected sales for the next five months Month April May June July August Sales in Units 3,520 3,920 4,600 4,130 3,950 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 material costs $3.10 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,720 pounds. April May June Budgeted Cost of Material Purchased

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