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Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,500 May 3,825 June 4,580 July August 4,195

Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,500 May 3,825 June 4,580 July August 4,195 3,940 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 $3.30 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 3,663 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.) April May June 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.) April Budgeted Cost of Material Purchased May June

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