Hi, can you help with the formulas and answers. Thanks!

Step 3: Direct Materials Budget (Points possible: 2) Buff Company maintains an ending inventory equal 20% of the next quarter's production requirements. Use this and the information below to prepare the Direct Materials Budget Number of pounds of direct materials required to for each product: 3.00 Expected cost per pound $1.00 600 Desired ending inventory of direct materials for quarter 4 of 2017, in pounds 1,000 Beginning inventory of direct materials for quarter 1 of 2017, in pounds Buff Company Direct Materials Budget For the year ending December 31, 2017 Quarter Year 1,300 nits to be produced irect materials per unit otal pounds needed for production dd: Desired ending direct materials (pounds) otal materials required ess: Beginning direct materials (pounds) irect materials purchases ost per pound otal cost of direct materials purchases 2,300 1,600 2,100