Please answer question # 2 ( Direct Material Budget) with steps.

Thanks a lot.

The question only requires 1 quarter (first 3 Months of 2015 "Jan, Feb & March")

Cost per unit shall be found manually. However I have get the perfect help from other websites

2. Direct Materials: 2 pounds of direct materials is needed to produce one unit. Irrigation likes to keep 5% of the materials needed for the previous month's production in its ending inventory. Raw materials on hand on December 31, 2014, totaled 11,295 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid after the month of purchase. Accounts payable on December 31, 2014, totaled $120,595. The Project The facts and figures relating to Irrigation Corporation are as follows. Irrigation Corporation produces plastic garden sprinklers. The company is preparing its budget for 2015. The first step is to plan for the first quarter of the coming year. Irrigation has collected the following information from the managers. 1. Sales: Sales for November 2014 Sales for December 2014 Expected sales for January 2015 Expected sales for February 2015 112,500 units 102,100 units 113,000 units 112,500 units Il te Expected sales for March 2015 Expected sales for April 2015 Expected sales for May 2015 Selling price per unit 116,000 units 125,000 units 137,500 units $12 Irrigation likes to keep 10% of the previous month's unit sales in ending inventory. All sales are on credit. 85% of the accounts receivable are collected in the month of sale and 15% of the accounts receivable are collected in the month after sale. Accounts receivable on December 31, 2014, totaled $183,780. 2. Direct Materials: 2 pounds of direct materials is needed to produce one unit. Irrigation likes to keep 5% of the materials needed for the previous month's production in its ending inventory. Raw materials on hand on December 31, 2014, totaled 11,295 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid after the month of purchase. Accounts payable on December 31, 2014, totaled $120,595. The Project The facts and figures relating to Irrigation Corporation are as follows. Irrigation Corporation produces plastic garden sprinklers. The company is preparing its budget for 2015. The first step is to plan for the first quarter of the coming year. Irrigation has collected the following information from the managers. 1. Sales: Sales for November 2014 Sales for December 2014 Expected sales for January 2015 Expected sales for February 2015 112,500 units 102,100 units 113,000 units 112,500 units Il te Expected sales for March 2015 Expected sales for April 2015 Expected sales for May 2015 Selling price per unit 116,000 units 125,000 units 137,500 units $12 Irrigation likes to keep 10% of the previous month's unit sales in ending inventory. All sales are on credit. 85% of the accounts receivable are collected in the month of sale and 15% of the accounts receivable are collected in the month after sale. Accounts receivable on December 31, 2014, totaled $183,780