Exercise 10.20 Samano Industries has adopted the following production budget for the four quarters of 2020: Quarter 1 6,200 Quarter 2 ,200 Quarter 3 8,900 Quarter 4 9,900 Units 8 Each unit requires 3 kg of raw materials costing $6 per kilogram. On December 31, 2019, the ending raw materials inventory was 1,800 kg. Management wants to have a raw materials inventory at the beginning of each quarter equal to 30% of the current quarter's production requirements. The production budget for the first quarter of 2021 will be 11,800 units. Prepare a direct materials purchases budget by quarters for 2020. SAMANO INDUSTRIES Direct Materials Purchases Budget (kg) For the year ending December 31, 2020 Quarter Units To Be Produced Kilograms Per Unit Total Required For Production - Add : Desired Ending Inventory Total Materials Required Less : Beginning Inventory Direct Materials Purchases Cost Of Kilogram Total Cost Of Materials Purchases