Lamar has just gotten a new job and is attending a company party where he will meet his colleagues for the first time. His boss escorts him around to small groups to introduce him. At the first group, Lamar meets four people and is told only their first names. The same thing happens with a second group and a third group. At the fourth group, Lamar is told their names and that one of the women in the group is the company accountant. A little while later, Lamar realizes that he only remembers the names of the people in the first group, though he also remembers the profession of the last woman he met (the accountant). Lamar's experience demonstrates

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory 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 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)