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Croy Incorporated has the following projected sales for the next five months: Croy's finished goods inventory policy is to have 5 0 percent of the
Croy Incorporated has the following projected sales for the next five months:
Croy's finished goods inventory policy is to have percent of the next month's sales on hand at the end of each mont
materials cost $ per pound, and each unit requires pounds. Direct materials inventory policy is to have perce
month's production needs on hand at the end of each month. Direct materials on hand at March totaled pound
Required:
Determine budgeted production for April, May, and June.
Determine budgeted cost of direct materials purchased for April and May.
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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.
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