11 W Pasadena and the buted production of 720,000 candies for the year wat is de 31 was inventory is 12.700 pounds. It cande wax 1 per pound, termine the direct materials un ded or give numbers sms o c 16 h e estimated ) Round computed twintry 18.00 pounds. The desired December to the whole do For those in which you det Direct Materials Purchases For the Young Dee Estimated story te bewed DDU. Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 730,000 candles for the year. Wax is required to produce a candle. Assume 13 31 wax inventory is 12,700 pounds. If candle wax costs $1.90 per pound, determine the direct materials purchases budget for must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Direct Materials Purchases Budget For the Year Ending December 31 Pounds of wax required for production: Candles Desired ending inventory, December Total units available Estimated beginning inventory, January 1 Total pounds to be purchased Unit price Total direct materials to be purchased uce a candle. Assume 13 ounces of wax is required for each candle. The estimated January 1 wax inventory is 18,800 pounds. The desired December erials purchases budget for the year. (One pound - 16 ounces) Round all computed answers to the nearest whole dollar. For those boxes in which you