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

Month		Units		Month		Units
January		10,600		March		5,300
February		8,480		April		4,240

Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 4,240 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.

CRANE INDUSTRIES Direct Materials Purchases Budget choose the accounting period For the Month Ending March 31, 2022March 31, 2022For the Quarter Ending March 31, 2022
		January		February		March
select an opening name for this budget Total Cost of Direct Materials PurchasesTotal Direct Labor CostTotal Materials RequiredTotal Required Direct Labor HoursDirect Materials Per UnitTotal Pounds Needed for ProductionDesired Ending Direct Materials (Pounds)Direct Labor Time Per UnitDirect Labor Cost Per HourUnits to be ProducedDirect Materials PurchasesCost Per PoundBeginning Direct Materials (Pounds)		enter a number of units		enter a number of units		enter a number of units
select an item Direct Labor Time Per UnitDirect Materials Per UnitUnits to be ProducedTotal Required Direct Labor HoursTotal Materials RequiredDirect Labor Cost Per HourTotal Pounds Needed for ProductionTotal Direct Labor CostBeginning Direct Materials (Pounds)Cost Per PoundDirect Materials PurchasesTotal Cost of Direct Materials PurchasesDesired Ending Direct Materials (Pounds)		enter a number of pounds		enter a number of pounds		enter a number of pounds
select a summarizing line for the first part Direct Materials Per UnitDesired Ending Direct Materials (Pounds)Cost Per PoundDirect Materials PurchasesTotal Materials RequiredBeginning Direct Materials (Pounds)Direct Labor Time Per UnitTotal Pounds Needed for ProductionTotal Cost of Direct Materials PurchasesDirect Labor Cost Per HourTotal Required Direct Labor HoursTotal Direct Labor CostUnits to be Produced		enter a total number of pounds for the first part		enter a total number of pounds for the first part		enter a total number of pounds for the first part
select between addition and deduction AddLess: select an item Desired Ending Direct Materials (Pounds)Direct Materials Per UnitDirect Materials PurchasesTotal Materials RequiredBeginning Direct Materials (Pounds)Direct Labor Cost Per HourTotal Cost of Direct Materials PurchasesTotal Required Direct Labor HoursUnits to be ProducedTotal Pounds Needed for ProductionTotal Direct Labor CostDirect Labor Time Per UnitCost Per Pound		enter a number of pounds		enter a number of pounds		enter a number of pounds
select a summarizing line for the second part Total Required Direct Labor HoursDirect Materials Per UnitTotal Pounds Needed for ProductionTotal Direct Labor CostCost Per PoundDirect Materials PurchasesTotal Cost of Direct Materials PurchasesBeginning Direct Materials (Pounds)Total Materials RequiredUnits to be ProducedDirect Labor Time Per UnitDirect Labor Cost Per HourDesired Ending Direct Materials (Pounds)		enter a total number of pounds for the second part		enter a total number of pounds for the second part		enter a total number of pounds for the second part
select between addition and deduction AddLess: select an item Direct Materials PurchasesTotal Direct Labor CostCost Per PoundTotal Materials RequiredTotal Cost of Direct Materials PurchasesUnits to be ProducedDirect Labor Time Per UnitDesired Ending Direct Materials (Pounds)Direct Materials Per UnitTotal Pounds Needed for ProductionBeginning Direct Materials (Pounds)Direct Labor Cost Per HourTotal Required Direct Labor Hours		enter a number of pounds		enter a number of pounds		enter a number of pounds
select a summarizing line for the third part Direct Materials Per UnitDirect Labor Cost Per HourTotal Materials RequiredDirect Materials PurchasesUnits to be ProducedCost Per PoundDirect Labor Time Per UnitTotal Direct Labor CostTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesDesired Ending Direct Materials (Pounds)Total Pounds Needed for ProductionBeginning Direct Materials (Pounds)		enter a total number of pounds for the third part		enter a total number of pounds for the third part		enter a total number of pounds for the third part
select an item Total Cost of Direct Materials PurchasesTotal Required Direct Labor HoursUnits to be ProducedDirect Labor Time Per UnitDirect Materials PurchasesTotal Pounds Needed for ProductionCost Per PoundDirect Labor Cost Per HourDirect Materials Per UnitTotal Direct Labor CostTotal Materials RequiredDesired Ending Direct Materials (Pounds)Beginning Direct Materials (Pounds)		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
select a closing name for this budget Direct Labor Cost Per HourCost Per PoundTotal Cost of Direct Materials PurchasesUnits to be ProducedDesired Ending Direct Materials (Pounds)Total Direct Labor CostTotal Required Direct Labor HoursDirect Materials PurchasesTotal Materials RequiredDirect Labor Time Per UnitDirect Materials Per UnitTotal Pounds Needed for ProductionBeginning Direct Materials (Pounds)		$enter a total dollar amount		$enter a total dollar amount		$enter a total dollar amount