Marcy Jones, Coronado & Hill Fabricators' purchasing manager, has just received the company's production budget for the first quarter. January February March Quarter Budgeted Production 18,086 32,955 29,223 80,264 Budgeted sales of April is 24,940 and its beginning inventory is 4,240. May month budgeted sales is 19,780. Company policy requires an ending finished goods inventory each month that will meet 17% of the following month's sales volume. Each brick requires 4.00 pounds of clay, and Marcy expects to pay $0.34 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 9% of the following month's production needs. Marcy expects to have 16,254 pounds of clay at a cost of $6,502 in inventory at the beginning of the year. Prepare Coronado & Hill's direct materials purchases budget for the first quarter. (Round answers to 0 decimal places, e.g. 5,275 and enter price per pound to 2 decimal places, e.g. 52.75.) January February March Quarter VA