Please provide me with the solution to this problem, Thank you in advance:

Key Co. manufactures beanies. The budgeted unite to be produced and sold are below'. It takes 24 meters of yarn to produce a beanie. The company's policy to maintain yarn at the end of each month equal to 5% of the next month's production needs. The cost of yarn is $0.20 a meters. At August 1, 3.720 meters of yarn were on hand. Prepare a materials purchases budget for the August