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Superior Company manufactures a single product. It keeps its inventory of finished goods at twice the coming month's budgeted sales and inventory of raw materials

Superior Company manufactures a single product. It keeps its inventory of finished goods at twice the coming month's budgeted sales and inventory of raw materials at 150% of the coming month's budgeted production. Each unit of product requires five pounds of materials, which cost $3 per pound. The sales budget is, in units: May, 10,000; June, 12,400; July, 12,600; August, 13,200.

a. Compute budgeted production for June.

b. Compute budgeted production for July.

c. Compute budgeted material purchases for June in pounds

d. Compute budgeted material purchases for June in dollars.

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