Jaguar Co. has budgeted production for next year as follows:…

Jaguar Co. has budgeted production for next year as follows: April May June July August September Production in units 4,000 4,200 4,000 4,100 4,300 4,200 Three pounds of raw material are required for each unit produced. The raw materials on hand at the end of each month should equal 20% of the next month’s production needs.  How many pounds of material should be purchased for May?  

XYZ Co. manufactures blankets for horses. Each blanket requi…

XYZ Co. manufactures blankets for horses. Each blanket requires 8 yards of cloth. Each blanket requires 1.0 hours of direct labor, and the average hourly cost of direct labor is $22. October November December Budgeted sales (in units) 2,000 2,500 4,000 Budgeted production (in units) 2,200 2,750 4,400 What is the budgeted cost of XYZ’s direct labor for November?