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 Quarter			Second Quarter			Third Quarter			Fourth Quarter
Budgeted unit sales		24,800			22,900			20,300			22,800

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 if a problem arises with the sole supplier, Fortin Limited maintains an ending inventory of 10% of the following quarters production needs. A total of 3,900 LED bulbs will be on hand to start the first quarter of the upcoming fiscal year.

Required: Prepare a direct materials purchases budget for LED bulbs, by quarter and in total, for the upcoming fiscal year. At the bottom of your budget, show the dollar amount of purchases for each quarter and for the year in total.

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