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Flint, Inc makes and sells serving trays. Each trayuses 1/2 pound of plastic. Budgeted production of trays in units for the next three months is

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Flint, Inc makes and sells serving trays. Each trayuses 1/2 pound of plastic. Budgeted production of trays in units for the next three months is as follows: April May June Budgeted production 20.600 23.100 25.100 The company wants to maintain monthly ending inventories of plastic equal to 20% of the following month's budgeted production needs. The cost of plastic is $2 per pound Prepare a direct materials purchases budget for the month of May. (Round pounds of plastic needed for each bucket to 1 decimal place and cost per pound to two decimal places)

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