5. (12 points) Pitt Corp. makes and sells small colorful glass ornaments in the shapes of various animals. For simplicity, it only purchases one input or material-sand Two pounds of sand are needed to make one glass ornament. Budgeted production of glass omaments for the next two months is as follows: September 28,000 units October 32,000 units The company wants to maintain monthly ending inventories of sand equal to 20% of following month's production needs Sand On August 31, 10,000 pounds of sand were on h Fill out the production budget below for Septeml costs $3 a pound to purchase. Materials budget for Pitt Corp. September 28,000 Units to produce Pounds per unit Pounds need for production Add: Ending materials inventory Less: Beginning direct materials Direct material purchases (pounds of sand) Cost per pound Total cost of materials purchased