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DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,390 March 5,370 February 8,290

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DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,390 March 5,370 February 8,290 April 4,420 Each urot requires 4 pounds of raw materials costing $2 per pound on December 31, 2019, the ending raw materials inventory was 8,312 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 March 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 March >

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