Month Units Units January February 10,350 8,230 Month March April 4,210 Each unit requires 4 pounds of raw materials costing 2 per pound on December 31, 2019, the ending raw materials inventory was 0,200 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. DEWITT INDUSTRIES Direct Materials Purchases Budget January February tice vnloadable eTextbook Direct Labor Cost Per Hour Beginning Direct Materials (Pounds) Total Required Direct Labor Hours Units to be produced January February March Total Direct Labor Cost Direct Labor Time Per Unit Cost Per Pound Total Pounds Needed for Production Total Materials Required Desired Ending Direct Materials (Pounds) Direct Materials Purchases Direct Materials Per Unit Total Cost of Direct Materials Purchases Click if you would like to Show Work for this question: Open Show Work