Lroy inc. nas the toliowing projectea saies tor the next me montns: Croy's finished goods inventory pollcy is to have 50 percent of the next month's sales on hand at the end of each month. Direct materials costs $2.90 per pound, and each unit requires 2 pounds. Direct materials inventory pollcy is to have 50 percent of the month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,645 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of materials purchased for April and May. Complete this question by entering your answers in the tabs below. Determine budgeted production for April, May, and June. (Do not round your intermediate calculations and round your final answers to the nearest whole number:) 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of materials purchased for April and May. Complete this question by entering your answers in the tabs below. Determine budgeted production for April, May, and June. (Do not round your intermediate calculations and round your final answers to the nearest whole number.) 1. Determine budgeted production for Aprii, May, and June. 2. Determine budgeted cost of materials purchased for April and May. Complete this question by entering your answers in the tabs below. Determine budgeted cost of materials purchased for April and May. (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 14,065. May 16,800, and June 21,200. Marlow Company's ending finished goods inventory policy is 15% of the following month's sales. Marlow plans to sell 16,700 units in May. What is budgeted ending inventory for March? Multiple Choice 1,635 2040