Please help me with correct answer thanku Current Attempt in Progress* Your answer is incorrect.Sunland Ltd. estimates sales for the second quarter of 2022 will be as follows.MonthAprilMayJuneUnitsMarch 31April 30May 31June 302,3902,4902,260The target ending inventory of finished products is as follows.1,8802,0602,0402,200Two units of materials are required for each unit of finished product. Production for July is estimated at 2,510 units to start buildinginventory for the fall sales period. Sunland's policy is to have an inventory of raw materials at the end of each month equal to 50% ofthe following month's production requirements.Raw materials are expected to cost $4 per unit throughout the period.Calculate the May raw materials purchases in dollars.Raw material purchases cost $19800

Material cost refers to the total cost of the raw materials and other supplies needed to produce a…

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Current Attempt in Progress * Your answer is incorrect. Sunland Ltd. estimates sales for the second quarter of 2022 will be as follows. Month April 2,390 May 2,490 June 2,260 Units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 4CE: Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and...

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

Question

Please help me with correct answer thanku

Current Attempt in Progress
* Your answer is incorrect.
Sunland Ltd. estimates sales for the second quarter of 2022 will be as follows.
Month
April
May
June
Units
March 31
April 30
May 31
June 30
2,390
2,490
2,260
The target ending inventory of finished products is as follows.
1,880
2,060
2,040
2,200
Two units of materials are required for each unit of finished product. Production for July is estimated at 2,510 units to start building
inventory for the fall sales period. Sunland's policy is to have an inventory of raw materials at the end of each month equal to 50% of
the following month's production requirements.
Raw materials are expected to cost $4 per unit throughout the period.
Calculate the May raw materials purchases in dollars.
Raw material purchases cost $
19800

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