Gable Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 850 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound. Read the requirements. Direct Materials Budget i Data Table For the Months of January through March January February March Quarter Units to be produced 3,500 3,675 3,700 10,875 Number of planters to be sold 3 3 3 3 January 3,400 Multiply by: Quantity of direct materials needed per unit February 3,800 Quantity needed for production 10,500 11,025 11,100 32,625 March.. 3,300 2,205 2,220 2,895 2,895 Plus: Desired ending inventory of direct materials L April 4,900 Total quantity needed 12,705 13,245 13,995 35,520 May 4,600 Less: Beginning inventory of direct materials Quantity to purchase Print Done Multiply by: Cost per pound Total cost of direct material purchases