A principal broker wants to hire a number of part-time employees to show property, pass out brochures, quote prices, and state terms of the sale of real property in a new development. He will staff the site with a broker to fill out all of the purchase and sale agreement forms. The part-time employees will not assist with the filling out or signing of documents.

Under these circumstances, the:

1. employees must be real estate licensees
2. principal broker can hire part-time unlicensed persons since a licensee will fill out the documents.
3. broker must supervise the part-time employees.
4. employees can legally answer questions and quote prices only.

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.)