Michelle Anthony, Sunland $\backslash$& Kevin Fabricators' purchasing manager, has just received the company's production budget for the first quarter.

Budgeted sales for April is $38,000$ units and for May is $26,000$ units.

Each brick requires $6$ pounds of clay, and Michelle expects to pay $\backslash (\backslash$$ $1\mathrm{.}50\backslash )$ per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet $\backslash (10\backslash \%\backslash )$ of the following month's production needs. Company policy requires an ending finished goods inventory each month that will meet $\backslash (25\backslash \%\backslash )$ of the following month's sales volume. Michelle expects to have $15,000$ pounds of clay at a cost of $\backslash (\backslash$$ $22,500\backslash )$ in inventory at the beginning of the year.

Prepare Sunland $\backslash$& Kevin's direct materials purchases budget for the first quarter. $($Enter price per pound to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$