Cioy Inc has the ollowing projected sales for the next five months MonthSals in

Question

Cioy Inc has the ollowing projected sales for the next five months MonthSals in Units April May Junc July August 3,450 3,940 4,540 Croy's finished geods inventory policy is to have 70 percent of henext menth's sales on hand at the end of each mnth Direct material costs $2 BD per pound, and each unit requires 2 pounds Raw materials inventary policy is to have 50 percent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,793 pounds 1. Determine budgeted production for April, May, and June. (Do not round your intermediate calculation and round your final answer to the nearest whole number.) April May June Budgeted Production (Units) 2. Determine the budgeted cost of materials purchased for April, May, and Jume. (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) May June Budgeled Cost of Malterial Purchased

Explanation / Answer

1

2

Workings

April May June Budgeted Production (Units) 3793 4360 4236

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