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Croy Incorporated has the following projected sales for the next five months: table [ [ Sales in , ] , [ Month , Units
Croy Incorporated has the following projected sales for the next five months:
tableSales inMonthUnitsAprilMayJuneJulyAugust
Croy's finished goods inventory policy is to have percent of the next month's sales on hand at the end of each month. Direct materials cost $ per pound, and each unit requires pounds. Direct materials inventory policy is to have percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March totaled pounds.
Required:
Determine budgeted production for April, May, and June.
Determine budgeted cost of direct materials purchased for April and May.
Complete this question by entering your answers in the tabs below.
Required
Determine budgeted cost of direct materials purchased for April and May.
Note: Use rounded Budgeted Production units in intermediate calculations. Round your answers to decimal places.
tableBudgeted Cost of Material Purchased,April May
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