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Sunland Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units April 2,390 May 2.490 June 2,260 The target ending
Sunland Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units April 2,390 May 2.490 June 2,260 The target ending inventory of finished products is as follows. March 31 1.880 April 30 2,060 May 31 2,040 June 30 2,200 Two units of materials are required for each unit of finished product Production for July is estimated at 2.510 units to start building inventory for the fall sales period. Sunland's policy is to have an inventory of raw materials at the end of each month equal to 50% of the following month's production requirements. Raw materials are expected to cost $4 per unit throughout the period. Calculate the May raw materials purchases in dollars. Raw material purchases cost $
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