Section 3 Extra Credit 3 4 points -Book of of Me Croy Incorporated has the...
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Accounting
Section 3 Extra Credit 3 4 points -Book of of Me Croy Incorporated has the following projected sales for the next five months: Apr 11 May June July August Sales In Units 3,510 3,845 4,640 4,120 3,930 Complete this question by entering your answers in the tabs below. 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 materials cost $3.00 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,678 pounds Required: 1. Determine budgeted production for April, May, and June 2. Determine budgeted cost of direct materials purchased for April and May. Required 2 Determine budgeted production for April. May, and June. Note: Do not round your intermediate calculations and round your final an Budgeted Production (Units) April May June Seved Required 2 > 31
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