Johnson 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: (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires four pounds of polypropylene (a type of plastic). The company wants to have 10% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the requirements. 620 January February March Quarter Unit sales 3,200 3,600 3,100 9,900 720 Plus: Desired ending inventory 900 620 900 Total needed 3,920 4,220 4,000 10,800 Less: Beginning inventory 640 720 640 3.280 3,500 3,380 10,160 Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. i Data Table Johnson Manufacturing Direct Materials Budget For the Months of January through March Number of planters to be sold January February March Quarter January ...... 3.200 Units to be produced 3280 3500 3380 1 0160 February .... 3,600 Multiply by: Quantity of direct materials needed per unit March... .. Quantity needed for production April.... 4,500 Plus: Desired ending inventory of direct materials May ......... 4.700 Total quantity needed 3,100 Enter any number in the edit fields and then click Check Answer. Print Done 5 part remaining Clear All Check