Direct materials purchases budget per pound, determine the direct materials purchases budget for March. (One pound = 16 ounces.) For those boxes in which you must enter subtracted or negative numbers use a minus sign. Quetzaltenango Candle Inc. Direct Materials Purchases Budget For the Month Ending March 31 Line Item Description Amount Pounds of wax required for production: Estimated ending inventory, March 31 - Estimated beqinning inventory, March 31 . Total units available Total pounds to be purchased Unit price (per lb.) Total direct materials to be purchased in March