Direct Materials Purchases Budget Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 21 ounces of plastic costing 50.16 per Ounce Langer molds the plastic into the proper shape Langer has budgeted production of the housings for the next 4 months as follows: Units July 3,500 4,400 August September October 4,000 6,300 Inventory policy requires that sufficient 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 July 3,500 4,400 August September October 4,900 6,300 Inventory policy requires that sufficient plastic beinending monthly inventory to satisfy 30% of the following month's production needs. The inventory of plastic at the beginning of July equals txactly 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 dollars for each month and in total, It required, round the total purchase cost to nearest whole value Langer Company Direct Materials Purchases Budget For July, August and September July August September Total Units to be produced Direct materials per unit (ounces) Production needs Desired ending inventory (ounces) Total needs bud Less: Beginning inventory Direct materials to be purchased counces) Cost per Ounce 50.16 $0.16 $0.16 50.16 Total purchase cost