Ayayal, Inc. makes and sells serving trays, Each tray uses 1/2 pound of plastic, Budgeted production of trays in units for the next three months is as follows: April May June Budgeted production 21,100 23,400 24,700 The company wants to maintain monthly ending inventories of plastic equal to 20% of the following month's budgeted production needs. The cost of plastic is $3 per pound. Prepare a direct materials purchases budget for the month of May. (Round pounds of plastic needed for each bucket to 1 decimal place and cost per pound to two decimal places.) Budgeted cost of direct materials purchases for May Total pounds of plastic required for production Serving trays to be produced in May Beginning direct materials inventory Pounds of plastic needed for each tray Pounds of plastic to be purchased Desired direct materials ending inventory Cost per pound < Attempts: 0 of 1 used Submit Answer