Current Attempt in Progress DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,130 March 5.120 February 8,490 April 4,380 Each unit requires 5 pounds of raw materials costing $ 2 per pound. On December 31, 2019, the ending raw materials inventory was 10,130 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. DEWITT INDUSTRIES Direct Materials Purchases Budget January February