Direct Materials Purchases Budget Estimated Beginning wheel Inventory = 200 Desired Ending wheel Inventory = 300 Podiums to be produced this month per the Production Budget = 2,500 Each Podium produced requires 4 wheels The expected price per wheel is $2.75 How many wheels will need to be purchased for the month? (Hint: Don't forget that it takes 4 wheels per podium produced) Wheels: What will be the total cost of wheels purchased for the month? Cost