DeWitt Industries has adopted the following production budget for the first 4 months of 2020 Month January February Units Month Units 5,440 4,230 10,340 March 8,480 April Each unit requires 3 pounds of raw materials costing $4 per pound. On December 31, 2019, the ending raw materials inventory was 6,204 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