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. materials cost $310 per pound, and each unit requires 4 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,865 pounds Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of direct materials purchased for April and May. Complete this question by entering your answers in the tabs below. Determine budgeted cost of direct materials purchased for April and May. Hote: Round your answers to 2 decimal places. 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. materials cost $310 per pound, and each unit requires 4 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,865 pounds Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of direct materials purchased for April and May. Complete this question by entering your answers in the tabs below. Determine budgeted cost of direct materials purchased for April and May. Hote: Round your answers to 2 decimal places