According to federal regulations, the expedited review process may be used when the study procedures pose: a. a minor increase over minimal risk and the sponsor needs approval before the next irb meeting. b. no more than minimal risk and the research activities fall within regulatory categories identified as eligible. c. more than minimal risk, but the study replicates previously approved research. d. any level of risk, but all the subjects are adults.

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.)