Croy Inc. has the following projected sales for the next five months April May June July August 3,850 3,875 4,260 4,135 3,590 Croy's finished goods inventory policy is to have 60 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 3,865 pounds. Required: 1. Determine budgeted production for Aprit May and June. April May Ju Budgeted Production (Units) 2. Determine the budgeted cost of materials purchased for Apri, May and June (Round your answers to 2 decimat places.) April May June Budgeted Cost of Material Purchased