Master Budget Cookie Company produces a carlo Five (5) pounds of organic sugar are required per batch of gourmet cookies. gourmet cookie that is made with organic sugar costs $2.40 per pound. The The organic ion needs of organic sugar in ending inventory so it is on hand t production total of 120 pounds of organic sugar are expected to be on hand on January company needs to have 20% ofthe following month's month. A Budgeted production of the gourmet follows cookies for the first four months of the upcoming year is as Batches of Cookies to be Produced each Month 500 650 700 600 March Required: and the cost of the repare or the first urchases in each month. a direct materials budget for organic sugar for each of the months in the first quarter quarter in total. Include both the quantity of sugar to be purchased