On- DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units 5,100 January February 10,100 March 8,100 April 4,100 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 6,060 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 For the Quarter Ending March 31, 2020 January February March roduced 10100 0 L 8100 D 5100 rials Per Unit 3 Needed for Production : 30300 24300 15300 Desired Ending Direct Materials (Pounds) 4860 2060 L 2460 > January February Matron roduced 8100 5100 rials Per Unit Needed for Production 24300 C 15300 esired Ending Direct Materials (Pounds) 4860 2060 2460 als Required 35160 26360 17760 Beginning Direct Materials (Pounds) 6060 i 8100 5100 rials Purchases 29100 12660 Direct Materials Purchases 58200 36520 25320