PaverIndustrial has estimated that production for the next five quarters will be:

Production Information

1st quarter, 202039,600units

2nd quarter, 202036,000units

3rd quarter, 202043,200units

4th quarter, 202033,600units

1st quarter, 202141,200units

Finished units of production require6pounds of raw material per unit. The raw material cost is $7per pound. There is $249,480of raw material on hand at the beginning of the first quarter, 2020.Paverdesires to have15percent of next quarter's material requirements on hand at the end of each quarter.

Prepare quarterly direct materials purchases budgets forPaverIndustrial for 2020.

PaverIndustrial

Direct Materials Purchases Budget

For the Year Ending December 31, 2020

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Year

select an opening direct materials purchases budget item

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

enter a number of units

enter a number of units

enter a number of units

enter a number of units

enter a number of units

selectanitem

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

selectasummarizinglineforthefirstpart

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

enteratotaldollaramountforthefirstpart

enteratotaldollaramountforthefirstpart

enteratotaldollaramountforthefirstpart

enteratotaldollaramountforthefirstpart

enteratotaldollaramountforthefirstpart

selectbetweenadditionanddeduction

AddLess

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selectanitem

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

selectasummarizinglineforthesecondpart

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

enteratotaldollaramountforthesecondpart

enteratotaldollaramountforthesecondpart

enteratotaldollaramountforthesecondpart

enteratotaldollaramountforthesecondpart

enteratotaldollaramountforthesecondpart

selectbetweenadditionanddeduction

AddLess

:

selectanitem

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

enteradollaramount

enteradollaramount

enteradollaramount

enteradollaramount

enteradollaramount

select a closing direct materials purchases budget item

Units to be producedCost of raw material per unitDesired ending inventory of raw materialTotal material neededBeginning inventory of raw materialRequired raw material purchasesCost of raw material needed for production

$

enter a total amount for the direct materials purchases budget