Penny Worth Industrial has estimated that production for the next five quarters will be:

Finished units of production require $6$ pounds of raw material per unit. The raw material cost is $$7$ per pound. There is

$$289,170$ of raw material on hand at the beginning of the first quarter, $2020.$ Penny Worth desires to have $15$ percent

of next quarter's material requirements on hand at the end of each quarter.

Prepare quarterly direct materials purchases budgets for Penny Worth Industrial for $2020.$ Please fill out all the way to Q$4$ and for the year!