Betty Mark, Crane & Donald Fabricators' purchasing manager, has just received the company's production budget for the first quarter. January February March Budgeted Production 27,300 28,600 31,200 Budgeted sales of April is 34,000 and its beginning inventory is Unresolved. May month budgeted sales is 26,000. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Each brick requires 6 pounds of clay, and Betty expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Betty expects to have 15,000 pounds of clay at a cost of $22,500 in inventory at the beginning of the year. Prepare Crane & Donald's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, e.g. 52.75.) Prepare Crane & Donald's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, e.g. 52.75.) January February March Quarter $ $ $ $ $ $ $ $