January February March Quarter Budgeted unit sales 21,000 28,000 30,000 79.000 7.000 7.500 8,500 + Budgeted ending inventory Total units required 8,500 28.000 35,500 38,500 87.500 3,000 7.000 7.500 3,000 - Beginning inventory Budgeted production 25,000 28,500 31.000 84,500 Budgeted sales for April is 34,000 units and for May is 26,000 units. Each brick requires 6 pounds of clay, and Patricia expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Company policy requires an ending finished goods inventory each month that will meet 25% of the following month's sales volume, Patricia expects to have 15,000 pounds of clay at a cost of $22,500 in inventory at the beginning of the year. Prepare Swifty & Robert's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, eg. 52.75.) Question 5 of 9