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Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,490 3,850 June 4,620 July 4,150 August 3,970

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Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,490 3,850 June 4,620 July 4,150 August 3,970 May 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 $2.50 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 3,670 pounds. Required: 1. Determine budgeted production for April, May, and June. (Do not round your intermediate calculations and round your final answer to the nearest whole number.) May June April 3,670 Budgeted Production (Units) 2. Determine the budgeted cost of materials purchased for April, May, and June (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.)

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