Fortin Limited produces and sells a single product, a wearable LED light for runners and cyclists. The analytics group at Fortin Limited has developed the following estimates for unit sales in the upcoming year. First Second Third Fourth Quarter Quarter- Quarter' Quarter Budgeted unit sales 25,133 22,833 23,533 22,933 Each light requires two separate LED bulbs, each of which costs $2. To ensure enough LED bulbs are on hand to support short term production ifa problem arises with the sole supplier, Fortin Limited maintains an ending inventory of10% ofthe following quarter's production needs. A total of 4,400 LED bulbs will be on hand to start the rst quarter of the upcoming scal year. Required' Prepare a direct materials purchases budget for LED bulbs, by quarter and in total, for the upcoming scal year. At the bottom of your budget, show the dollar amount of purchases for each quarter and for the year in total. Total p FOUUCIiOH "EEG 5D U I US Required purchasesbulbs _____ Total cost or purchases _____