E$8-12($Algo$)$ Preparing Production, Direct Materials Purchases Budgets $[$LO $8-3$b$,$ c$]$

Croy Incorporated has the following projected sales for thext five months:

$\backslash$table$[[$Sales in$,],[$Month$,$Units$],[$April$,3,420],[$May$,3,895],[$June$,4,630],[$July$,4,170],[$August$,3,930]]$

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 materials cost $$2\mathrm{.}60$ per pound, and each unit requires $2$ pounds. Direct materials inventory policy is to have $50$ percent of the nex month's production needs on hand at the end of each month. Direct materials on hand at March $31$ totaled $3,658$ 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 $2$

Determine budgeted cost of direct materials purchased for April and May.

Note: Use rounded Budgeted Production units in intermediate calculations. Round your answers to $2$ decimal places.

Budgeted Cost of Material Purchased April May