Bonita Industries has adopted the following production budget for the first 4 months of 2022.

Month		Units		Month		Units
January		11,600		March		5,800
February		9,280		April		4,640

Each unit requires 2 pounds of raw materials costing $ 3 per pound. On December 31, 2021, the ending raw materials inventory was 4,640 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next months production requirements. Prepare a direct materials purchases budget by month for the first quarter.

Question 6 of 14 - /2 III BONITA INDUSTRIES Direct Materials Purchases Budget V January February March : $ $ $ $ $ $