E9-22A (similar to) Question Help Anderson Manufacturing produces self watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the loon to view additional information.) Inventory at the start of the year was 775 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs 30.20 per pound. Read the rements Data Table o 800 750 1,050 Plus Desired ending inventory 1.050 Total needed 3.000 3.050 4.050 10.350 775 800 Lest Beginning inventory 750 775 Number of planters to be s 3.125 3.150 3.300 9.575 January 3.100 Units to produce February 3.200 Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, incl the polypropylene to be purchased 3,000 Start by preparing the direct material budget through the total quantity needed. then complete the budget April 4.200 4.400 Andersen Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Print Done Units to be produced 3100 3200 3000 0300 Mulply by way of direct materiais needed per 3 Quantity need for production 9300 2000 27900 P Desredding vertory of direct matras 1P20 1800 2.550 2,550 Total Quart eded 11220 11450 11400 30450 Marel May 9000