Oriole incustries has adopted the followine product ion budget for the first 4 months of 2022 Eachunit requires 3 poundh of raw materials costing 54 per pound On Decsmber 31.2021 the ending rawmuterials inwentory. Was 6,240 pounds. Monagement wants to heve a rawmaterials inventory at the end of the mon thequal to 20% of next month's production requifenchts Prepure a oirect materials purchases buspot by inonth for the first quarter