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E 8 - 1 2 ( Algo ) Preparing Production, Direct Materials Purchases Budgets [ LO 8 - 3 b , c ] Croy Incorporated
EAlgo Preparing Production, Direct Materials Purchases Budgets LO b c
Croy Incorporated has the following projected sales for thext 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.
Requiret
Required
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.
tableBudgeted Production UnitsApril,May,June
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