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Tonga Toys manufactures and distributes a number of products to retailers. One of these products, Playclay, requires three pounds of material A 1 3 5

Tonga Toys manufactures and distributes a number of products to retailers. One of these products, Playclay, requires three pounds of material A135 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter July, August, and September. Peak sales of Playclay occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements:a. The finished goods inventory on hand at the end of each month must be equal to 5,000 units plus 30% of the next months sales. The finished goods inventory on June 30 is budgeted to be 17,000 units.

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