*PLEASE HELP ASAP* Blue Spruce, Inc. makes and sells serving trays. Each tray uses 1/2 pound of plastic. Budgeted production of trays in units for the next

three months is as follows:

Budgeted production

April

19.100

May

23,000

June

24,000

The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted production

needs. The cost of plastic is $2 per pound.

Prepare a direct materials purchases budget for the month of May. (Round pounds of plastic needed for each bucket to 1 decimal place and

Blue Spruce, Inc. makes and sells serving trays. Each tray uses 1/2 pound of plastic. Budgeted production of trays in units for the next three months is as follows: May April Budgeted production 19.100 June 24,000 23,000 The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted production needs. The cost of plastic is $2 per pound. Prepare a direct materials purchases budget for the month of May. (Round pounds of plastic needed for each bucket to 1 decimal place and cost per pound to two decimal places.)