Exercise 24-05 DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,350 March 5.470 February 8,230 April 4,210 Each unit requires 4 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 8,280 pounds Management want to a v entory 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 Prepare a direct materials purchases budget by month for the first quarter. DEWITT INDUSTRIES Direct Materials Purchases Budget January February March Click if you would like to Show Work for this question: Open Show Work