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ACME Company makes one product and has budget information for the following five months as follows: Each unit requires five discs, and there must be

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ACME Company makes one product and has budget information for the following five months as follows: Each unit requires five discs, and there must be an ending inventory of discs each month of 25% of the following month's production needs. The company requires there to be finished inventory at the end of each month in the amount of 20% of the following month's sales Required: Prepare a direct material purchases budget, in good form, for May and June, and for the two months in total. ( 9 marks)

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