Martinez express reports the following costs and expenses in june 2017 for its delivery service. indirect materials $6,500 drivers’ salaries $17,100 depreciation on delivery equipment 11,800 advertising 4,700 dispatcher’s salary 5,530 delivery equipment repairs 500 property taxes on office building 920 office supplies 710 ceo’s salary 12,400 office utilities 1,040 gas and oil for delivery trucks 2,300 repairs on office equipment 270

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.)