Exercise 21-5 DeWitt Industries has adopted the following production budget or the first 4 months of 2017 Month Units Month Units 10,270 March 5,390 February 8,270 April n ert h's pr Each unit requires 3 pounds of raw materials costing $3 per pound. On December 31, 2016, the ending raw materials inventory was 9,320 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter DEWITT INDUSTRIES Direct Materials Purchases Budget March