Pharoah Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 9,000 March 4,500 February 7,200 April 3,600 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 3,600 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. $ PHAROAH INDUSTRIES Direct Materials Purchases Budget January February M $ $ $ $ $