please prepare the direct materials purchases budget

View Policies Current Attempt in Progress DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month January February Units 10,440 8,240 Month March April Units 5,190 4,120 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 6,264 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. DEWITT INDUSTRIES Direct Materials Purchases Budget January February