Data Table January February March... April ... May Number of planters to be sold 3,400 3,500 3,100 4,800 4,200 Print Done Quarter McKnight Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 850 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires four pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.10 per pound. Read the requirements. McKnignt Manufacturing Direct Materials Budget For the Months of January through March January February March Units to be produced 3,425 3,400 3,525 10,350 Multiply by: Quantity of direct materials needed per unit Quantity needed for production 13,700 13,600 14,100 41,400 Plus: Desired ending inventory of direct materials 2,720 2,820 3,720 3,720 Total quantity needed 16,420 16,420 17,820 45,120 2720 Less: Beginning inventory of direct materials Quantity to purchase Multiply by: Cost per pound Total cost of direct material purchases 2740 Enter any number in the edit fields and then click Check