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need help with the ones that are wrong Maria Richard, Coronado & Charles Fabricators' purchasing manager, has just received the company's production budget for the

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Maria Richard, Coronado & Charles Fabricators' purchasing manager, has just received the company's production budget for the first quarter. January February March 28,700 Budgeted Production 28,750 32.750 Budgeted sales of April is 38,000 and its begining inventory is 9,500. May month budgeted sales is 26,000. Company policy requires an ending finished goods inventory each month that will meet 25% of the following month's sales volume. Each brick requires 6 pounds of clay, and Maria expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Maria expects to have 15,000 pounds of clay at a cost of $22,500 in inventory at the beginning of the year. Prepare Coronado & Charles's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, eg. 52.75.) January February March Quarter 28700 28750 32750 90200 6 6 6 172200 172500 196500 541200 2875 3275 3500 3500 Question 5 of 14 0.56/1 = Prepare Coronado & Charles's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, eg. 52.75.) January February March 28700 28750 Budgeted production 32750 6 6 Standard pounds per unit Production needs 172200 172500 196500 2875 3275 Budgeted ending inventory 3500 Total DM required (lbs.) 175075 175775 200000 -2870 Beginning inventory -2875 -3275 Budgeted purchases (lbs.) 172205 172900 196725 1.50 Standard cost per pound $ 1.50 1.50 Budgeted purchases cost 258307.50 $ 259350 295087.50 e Textbook and Media 0.56/1 III Question 5 of 14 Prepare Coronado & Charles's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, eg. 52.75.) January February March Quarter 28700 28750 32750 90200 6 6 6 172200 172500 196500 541200 2875 3275 3500 3500 175075 175775 200000 544700 -2870 -2875 -3275 -2870 172205 172900 196725 541830 $ 1.50 $ 1.50 $ 1.50 $ 1.50 $ 258307.50 $ 259350 $ 295087.50 812745

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