Croy Inc. has the following projected sales for the next five months: Croy’s finished goods inventory policy is to have

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Croy Inc. has the following projected sales for the next five
months:
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 costs $2.70 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 3,725 pounds.
Required:
1. Determine budgeted production for
April, May, and June.
2. Determine budgeted cost of materials
purchased for April and May.