i AM NOT SURE IF I AM RIGHT....

Tall Oak, Inc. produces rulers from plastic resin. Tall Oak has estimated production and sales of rulers in units for the next 2 months as: June Estimated production Estimated sales May 42,000 50,000 48,000 36,000 Each ruler requires 0.25 pounds of resin. The cost of resin is $4.50 per pound. Tall Oak wants to have 20% of the next month's materials requirements on hand at the end of each month. Prepare a direct materials purchases budget for the month of May. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Round pounds needed per unit and cost per pound to 2 decimal places, eg. 15.25.) TALL OAK, INC. Direct Materials Purchases Budget Month of May Estimated production in units for May 42000 Pounds needed per unit 0.25 Pounds needed for production in May 10500 Less : Beginning inventory -2100 Add V: Ending inventory desired 2400 Pounds needed for production in May 10800 Cost per pound 4.50 Total cost of purchases of materials $ 48600