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Direct Materials Purchases Bodget Langer Company prodices plastic items, including plastic housings for humidifiers. Each housing requires about 21 ounces of plastic costing 50,12 per

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Direct Materials Purchases Bodget Langer Company prodices plastic items, including plastic housings for humidifiers. Each housing requires about 21 ounces of plastic costing 50,12 per ounce. Lanqer. molds the plastic into the proper shape. Langer has budgeted production of the housings for the next 4 months as follows: Inventory policy requires that sutticient plastic be in ending monthly inventory to satisfy 30% of the following month's production needs. The inventory of plastic at the beginning of July equals exactly the amount needed to satisfy the inventory policy. Required: Prepare a direct materials purchases budget for July, August, and September, showing purchases in units and in dolitars for each month and in total. If required, round the total purchase cost to nearest whole value. Prepare a direct materials purchases budget for July. August, and September, showing purchases in units and in dollars for each month and in total, if required, round the total purchase cost to nearest whole value

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