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DeWitt Industries has adopted the following production budget for the first 4 months of 2017.

Month		Units		Month		Units
January		10,440		March		5,190
February		8,240		April		4,120

Each unit requires 3 pounds of raw materials costing $ 2 per pound. On December 31, 2016, the ending raw materials inventory was 9,500 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next months production requirements. Prepare a direct materials purchases budget by month for the first quarter.

DEWITT INDUSTRIES Direct Materials Purchases Budget choose the accounting periodchoose the accounting period March 31, 2017For the Month Ending March 31, 2017For the Quarter Ending March 31, 2017

January

February

March

select an opening Direct Materials Purchases Budget itemselect an opening Direct Materials Purchases Budget item Direct Labor Cost Per HourCost Per PoundTotal Pounds Needed for ProductionDirect Materials Per UnitDirect Materials PurchasesTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesDesired Ending Direct MaterialsBeginning Direct MaterialsTotal Materials RequiredTotal Direct Labor CostDirect Labor Time Per UnitUnits to be Produced

Enter a number of units

Enter a number of units

Enter a number of units

select a direct materials purchases budget itemselect a direct materials purchases budget item Direct Materials PurchasesCost Per PoundTotal Materials RequiredBeginning Direct MaterialsUnits to be ProducedTotal Pounds Needed for ProductionDirect Materials Per UnitDesired Ending Direct MaterialsTotal Cost of Direct Materials PurchasesTotal Required Direct Labor HoursDirect Labor Cost Per HourTotal Direct Labor CostDirect Labor Time Per Unit

enter an amount of poundsenter an amount of poundsenter an amount of pounds

select a closing name for the first partselect a closing name for the first part Total Cost of Direct Materials PurchasesCost Per PoundTotal Materials RequiredDirect Materials Per UnitTotal Pounds Needed for ProductionTotal Required Direct Labor HoursDirect Labor Cost Per HourDirect Materials PurchasesTotal Direct Labor CostBeginning Direct MaterialsUnits to be ProducedDirect Labor Time Per UnitDesired Ending Direct Materials

enter a total number of units for the first part

enter a total number of units for the first part

enter a total number of units for the first part

select between addition and deductionselect between addition and deduction AddLess: select a direct materials purchases budget itemselect a direct materials purchases budget item Total Cost of Direct Materials PurchasesUnits to be ProducedBeginning Direct MaterialsDirect Labor Cost Per HourTotal Direct Labor CostDesired Ending Direct MaterialsDirect Materials PurchasesTotal Required Direct Labor HoursTotal Materials RequiredDirect Materials Per UnitTotal Pounds Needed for ProductionDirect Labor Time Per UnitCost Per Pound

enter an amount of poundsenter an amount of poundsenter an amount of pounds

select a closing name for the second partselect a closing name for the second part Units to be ProducedCost Per PoundDirect Materials PurchasesDirect Labor Time Per UnitDirect Materials Per UnitTotal Required Direct Labor HoursDirect Labor Cost Per HourDesired Ending Direct MaterialsBeginning Direct MaterialsTotal Direct Labor CostTotal Cost of Direct Materials PurchasesTotal Pounds Needed for ProductionTotal Materials Required

enter a total amount for the second part

enter a total amount for the second part

enter a total amount for the second part

select between addition and deductionselect between addition and deduction AddLess: select a direct materials purchases budget itemselect a direct materials purchases budget item Total Materials RequiredTotal Direct Labor CostDirect Materials Per UnitUnits to be ProducedDesired Ending Direct MaterialsTotal Required Direct Labor HoursCost Per PoundDirect Materials PurchasesTotal Cost of Direct Materials PurchasesBeginning Direct MaterialsDirect Labor Cost Per HourDirect Labor Time Per UnitTotal Pounds Needed for Production

enter an amount of poundsenter an amount of poundsenter an amount of pounds

select a closing name for the third partselect a closing name for the third part Direct Labor Cost Per HourUnits to be ProducedDesired Ending Direct MaterialsTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesDirect Materials Per UnitDirect Materials PurchasesTotal Materials RequiredCost Per PoundTotal Direct Labor CostBeginning Direct MaterialsDirect Labor Time Per UnitTotal Pounds Needed for Production

enter a total amount for the third part

enter a total amount for the third part

enter a total amount for the third part

select a direct materials purchases budget itemselect a direct materials purchases budget item Total Pounds Needed for ProductionDirect Labor Time Per UnitTotal Direct Labor CostDirect Materials Per UnitTotal Cost of Direct Materials PurchasesBeginning Direct MaterialsDesired Ending Direct MaterialsTotal Required Direct Labor HoursCost Per PoundDirect Labor Cost Per HourTotal Materials RequiredDirect Materials PurchasesUnits to be Produced

$ enter a dollar amount$ enter a dollar amount$ enter a dollar amount

select a closing Direct Materials Purchases Budget itemselect a closing Direct Materials Purchases Budget item Direct Labor Time Per UnitCost Per PoundTotal Direct Labor CostDirect Materials Per UnitTotal Materials RequiredTotal Required Direct Labor HoursBeginning Direct MaterialsDirect Materials PurchasesTotal Pounds Needed for ProductionUnits to be ProducedTotal Cost of Direct Materials PurchasesDesired Ending Direct MaterialsDirect Labor Cost Per Hour

$ enter a total amount for the Direct Materials Purchases Budget$ enter a total amount for the Direct Materials Purchases Budget$ enter a total amount for the Direct Materials Purchases Budget

DEWITT INDUSTRIES Direct Materials Purchases Budget choose the accounting periodchoose the accounting period March 31, 2017For the Month Ending March 31, 2017For the Quarter Ending March 31, 2017
		January		February		March
select an opening Direct Materials Purchases Budget itemselect an opening Direct Materials Purchases Budget item Direct Labor Cost Per HourCost Per PoundTotal Pounds Needed for ProductionDirect Materials Per UnitDirect Materials PurchasesTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesDesired Ending Direct MaterialsBeginning Direct MaterialsTotal Materials RequiredTotal Direct Labor CostDirect Labor Time Per UnitUnits to be Produced		Enter a number of units		Enter a number of units		Enter a number of units
select a direct materials purchases budget itemselect a direct materials purchases budget item Direct Materials PurchasesCost Per PoundTotal Materials RequiredBeginning Direct MaterialsUnits to be ProducedTotal Pounds Needed for ProductionDirect Materials Per UnitDesired Ending Direct MaterialsTotal Cost of Direct Materials PurchasesTotal Required Direct Labor HoursDirect Labor Cost Per HourTotal Direct Labor CostDirect Labor Time Per Unit		enter an amount of pounds		enter an amount of pounds		enter an amount of pounds
select a closing name for the first partselect a closing name for the first part Total Cost of Direct Materials PurchasesCost Per PoundTotal Materials RequiredDirect Materials Per UnitTotal Pounds Needed for ProductionTotal Required Direct Labor HoursDirect Labor Cost Per HourDirect Materials PurchasesTotal Direct Labor CostBeginning Direct MaterialsUnits to be ProducedDirect Labor Time Per UnitDesired Ending Direct Materials		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part
select between addition and deductionselect between addition and deduction AddLess: select a direct materials purchases budget itemselect a direct materials purchases budget item Total Cost of Direct Materials PurchasesUnits to be ProducedBeginning Direct MaterialsDirect Labor Cost Per HourTotal Direct Labor CostDesired Ending Direct MaterialsDirect Materials PurchasesTotal Required Direct Labor HoursTotal Materials RequiredDirect Materials Per UnitTotal Pounds Needed for ProductionDirect Labor Time Per UnitCost Per Pound		enter an amount of pounds		enter an amount of pounds		enter an amount of pounds
select a closing name for the second partselect a closing name for the second part Units to be ProducedCost Per PoundDirect Materials PurchasesDirect Labor Time Per UnitDirect Materials Per UnitTotal Required Direct Labor HoursDirect Labor Cost Per HourDesired Ending Direct MaterialsBeginning Direct MaterialsTotal Direct Labor CostTotal Cost of Direct Materials PurchasesTotal Pounds Needed for ProductionTotal Materials Required		enter a total amount for the second part		enter a total amount for the second part		enter a total amount for the second part
select between addition and deductionselect between addition and deduction AddLess: select a direct materials purchases budget itemselect a direct materials purchases budget item Total Materials RequiredTotal Direct Labor CostDirect Materials Per UnitUnits to be ProducedDesired Ending Direct MaterialsTotal Required Direct Labor HoursCost Per PoundDirect Materials PurchasesTotal Cost of Direct Materials PurchasesBeginning Direct MaterialsDirect Labor Cost Per HourDirect Labor Time Per UnitTotal Pounds Needed for Production		enter an amount of pounds		enter an amount of pounds		enter an amount of pounds
select a closing name for the third partselect a closing name for the third part Direct Labor Cost Per HourUnits to be ProducedDesired Ending Direct MaterialsTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesDirect Materials Per UnitDirect Materials PurchasesTotal Materials RequiredCost Per PoundTotal Direct Labor CostBeginning Direct MaterialsDirect Labor Time Per UnitTotal Pounds Needed for Production		enter a total amount for the third part		enter a total amount for the third part		enter a total amount for the third part
select a direct materials purchases budget itemselect a direct materials purchases budget item Total Pounds Needed for ProductionDirect Labor Time Per UnitTotal Direct Labor CostDirect Materials Per UnitTotal Cost of Direct Materials PurchasesBeginning Direct MaterialsDesired Ending Direct MaterialsTotal Required Direct Labor HoursCost Per PoundDirect Labor Cost Per HourTotal Materials RequiredDirect Materials PurchasesUnits to be Produced		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount
select a closing Direct Materials Purchases Budget itemselect a closing Direct Materials Purchases Budget item Direct Labor Time Per UnitCost Per PoundTotal Direct Labor CostDirect Materials Per UnitTotal Materials RequiredTotal Required Direct Labor HoursBeginning Direct MaterialsDirect Materials PurchasesTotal Pounds Needed for ProductionUnits to be ProducedTotal Cost of Direct Materials PurchasesDesired Ending Direct MaterialsDirect Labor Cost Per Hour		$ enter a total amount for the Direct Materials Purchases Budget		$ enter a total amount for the Direct Materials Purchases Budget		$ enter a total amount for the Direct Materials Purchases Budget

Grades DrWitt Industrios has adoptod the following produrtion budget for the irst 4 months of 2017. Month Units Month Units January 10,10 March 5,120 February8.240 Apri 40 tachunit requires 3 pounds of raw materials costinE $2 perpound. On December 31, 2016, the ending raw materials inventory was 9,300 pounds Managnment warns to have a raw matrrias inventory at the ena af the month equal tn2 %ot next month s productinn requirements. Prepare a direct materials purchases budget by menth for the first quarter DEWITT INDUSTRIES Direct Materials Purchases Budget March O lype hene to search