Which of the following is a correct statement? Multiple Choice A supply shock will cause a variation of demand-pull inflation that can lead to hyperinflation. Demand-pull inflation will continue so long as there is excess total spending in the economy. It is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't know the source of the inflation. Demand-pull inflation is usually accompanied by higher unemployment rates.

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.)