Blue's sling-bag company is now in its sixth year of operations. She credits much of her success to her hard-working great-aunt, who taught Blue the value of planning. Blue realizes she can't plan for every scenario, but she can plan for the most likely ones. This mindset is essential to Blue when it is time to budget for her business. She gathers the most likely sales volumes and resource usages for the upcoming period as follows. Budgeted sales volume Additional information: . January Budgeted Resource Usage for One Unit DM: 0.3 square yards of fabric DM: 1 linear yard of lightweight rope DL: 6 minutes of direct labor time Variable-MOH: 6 minutes of machine time 14,000 February March April 14,000 14,000 15,000 Budgeted Resource Costs $3 per square yard $0.50 per linear yard $14 per DL hour $7 per machine hour May 17,000 June 20,000 Budgeted selling price per unit: $11. Target ending FG inventory of sling bags: 15% of following month's sales volume. Target ending DM inventory of fabric: 20% of following month's production needs. Target ending DM inventory of rope: 40% of following month's production needs. Budgeted Fixed MOH costs: supervisor salaries of $3,000 per month, depreciation on plant assets of $2,400 per month, property taxes and insurance of $1,200 per month. (a3) Prepare the monthly DM purchases budget for (i) fabric and (ii) rope for the upcoming first quarter for Blue's sling-bag business (present quarter totals for each budget, as well). (Round square yards of DM per unit of fabric to 1 decimal place, e.g. 15.2. Round DM cost per linear yard of rope to 2 decimal places, e.g. 15.25.) Budgeted Units to be Produced Fabric Square Yards of DM per Unit .. V: > > LA LA January tA $ +A $ February