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I would like this question answered by 7/27. I need help with both #1 and #2. Please and thank you. Can you please show me

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I would like this question answered by 7/27. I need help with both #1 and #2. Please and thank you. Can you please show me how?

image text in transcribed
Croy Inc. has the following projected sales for the next ve months: Month Sales in Units April 3,420 May 3,875 June 4,630 J uly 4, 1 35 August 3,960 Croy's nished goods inventory policy is to have 70 percent of the next month's sales on hand at the end of each month. Direct material costs $3.10 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,739 pounds. Required: 1. Determine budgeted production for April, May, and June. _ 2. Determine the budgeted cost of materials purchased for April, May, and June. (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) Croy Inc. has the following projected sales for the next ve months: Month Sales in Units April 3,420 May 3,875 June 4,630 J uly 4, 1 35 August 3,960 Croy's nished goods inventory policy is to have 70 percent of the next month's sales on hand at the end of each month. Direct material costs $3.10 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,739 pounds. Required: 1. Determine budgeted production for April, May, and June. 9 Answer is complete but not entirely correct. Budgeted Production 02006 2.2006 0224a 2. Determine the budgeted cost of materials purchased for April, May, and June. (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) 6 Answer is complete but not entirely correct. Budgeted Cost of Material . . . _ 2020-06 200-06- 20.20006

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