IF View Policies Current Attempt in Progress 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: Estimated production Estimated sales May 42,000 50,000 June 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 sin preceding the number eg.-45 or parentheses es. (45). Round pounds needed per unit and cost per pound to 2 decimal places. 68. 15.25) TALL OAK, INC. Direct Materials Purchases Budget Month of May TUGE GROWERS TALL OAK, INC. Direct Materials Purchases Budget Month of May TALL OAK, INC. Direct Materials Purchases Budget Month of May $ Pounds needed per unit Ending inventory desired Cost per pound Pounds needed for production in May Beginning inventory Total pounds needed for production Total cost of purchases of materials Estimated production in units for May $