On January $1,2022,$ the Waterway Company budget committee has reached agreement on the following data for the $6$ months ending June $30,2022.$

Sales units:

Ending raw materials inventory:

Ending finished goods inventory:

Third$-$quarter production:

First quarter $7,400$ ; second quarter $8,880$ ; third quarter $10,360.$

$40\%$ of the next quarter's production requirements.

$25\%$ of the next quarter's expected sales units.

$10,710$ units.

The ending raw materials and finished goods inventories at December $31,2021,$ follow the same percentage relationships to production and sales that occur in $2022.$ Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $$4$ per pound.

uestion $3$ of $6$

$\frac{0\mathrm{.}52}{1}$

$

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