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Your answer is incorrect.Try again. Rensing Ltd. estimates sales for the second quarter of 2017 will be as follows. Month Units Apili 2,500 May 2,490

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Rensing Ltd. estimates sales for the second quarter of 2017 will be as follows.

Month Units

Apili 2,500

May 2,490

June 2,330

The target ending inventory of finished products is as follows.

March 312,010

April 302,250

May 312,180

June 302,400

2 units of material are required for each unit of finished product. Production for July is estimated at 2,660 units to start building inventory for the fall sales period. Rensing'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.

I need to calculate May raw materials purchases in dollars.

Raw material purchases cost$ ___________

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