Alpaugh Corporation manufactures rolling office chairs. Sales forecast and the required production needed to meet the sales forecast for each month are listed below for the upcoming year. July Jan. $8,000 Feb. March $7,400 | $8,800 April $9,600 May $9,200 June $9,000 July $8,000 Aug. $8,600 Aug. Sept. $8,800 Den Oct. 9,200 9,200 Nov. $9,400 Dec. $9,600 Sales forecast in dollars ($) Required Production in Units $9,400 200 | 185 220 240 230 225 200 215 220 | 230 235 240 The table below provides the quantity of each raw material per chair, the cost of each unit of raw material, and the required ending inventory for each raw material. The company had 200 wheels on hand at the end of the previous quarter. Raw Material Quantity per Frame Cost per unit of Raw Material Required Ending Inventory Wheels 4 wheels $1.25 per wheel 15% of the following month's needs Plastic arm rests 2 arm rests $1.85 per arm rest 35% of the following month's needs Fabric 3 yards $1.95 per yard 45% of the following month's needs Polyester Stuffing 4 pounds $1.05 per pound 75% of the following month's needs Required: 1) Prepare the MONTHLY DIRECT MATERIALS BUDGET for WHEELS for the 1st QUARTER of the year. Make sure you complete for each month of the quarter. You do NOT need to include the Quarter Total Column 2) Calculate the Total Cost of Direct Material Purchases for the Quarter. (Make sure you show your work.)