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: 2 (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. i Data Table Quarter 10,875 Direct Materials Budget For the Months of January through March January February Units to be produced 3,500 3,675 Multiply by: Quantity of direct materials needed per unit 3. Quantity needed for production 10,500 11,025 Plus: Desired ending inventory of direct materials 2,205 2,220 Total quantity needed 12,705 13,245 March 3,700 3 11,100 2,895 13,995 32,625 2,895 35,5201 Number of planters to be sold January ...... 3,400 February ..... 3,800 March 3,300 April ......... 4,900 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