Bramble, Inc makes and sells serving trays. Each tray uses 1/2 pound of plastlc. Budgeted production of trays in units for the next three months is as follows: The company wants to maintain monthly ending i ventories of plastic equal to 20% of the following monthis budgeted production needs. The cost of plastic is $3 per pound. Prepare a direct materials purchases budget for the month of May. Mround pounds of olstic neaded for eoch buclut to 1 decimal slace and cost perpand to two dedinal flaces. The company wants to maintain monthly ending inventories of plastic equal to 20% of the needs. The cost of plastic is $3 per pound. Prepare a direct materials purchases budget for the month of May. Round pounds of plastic cost per pound to two decimal places)