Asporting goods store purchased $7,600 of ski boots in october. the store had $3,600 of ski boots in inventory at the beginning of october, and expects to have $2,600 of ski boots in inventory at the end of october to cover part of anticipated november sales. what is the budgeted cost of goods sold for october?

a. $7,600.
b. $8,600.
c. $11,200.
d. $10,200.
e. $6,200.

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.)