Number one is correct. Need help with part 2. Cray...
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Accounting
Number one is correct. Need help with part 2.
Cray Inc. has the following projected sales for the next five months: 3,500 3,005 4,620 4.200 3,910 August Croy's finished goods inventory policy is to have 50 percent of the next month's sales on hand at the end of each month. Direct material costs $3.40 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 peroent of the next month's production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,703 pounds. Required 1. Determine budgeted production for April, May, and June. (Do not round your intermediate calculations and round your final answer to the nearest whole number.) Budgeted Production (Units) 3,703 4.263 4,410 2. Determine the budgeted cost of materials purchased for April, May, and June.(Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) Budgeted Cost of Material Purchased25,17700 Cost of Material Purchased 25,17700 16,396 o$ 15,495 50

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