PrepareSunland&Kevin's direct materials purchases budget for the first quarter.(Enter price per pound to 2 decimal places, e.g. 52.75.)

Michelle Anthony, Sunland & Kevin Fabricators' purchasing manager, has just received the company's production budget for the first quarter. January February March Quarter Budgeted unit sales 25,000 28,000 32,000 85,000 + Budgeted ending inventory 7,000 8,000 9,500 9,500 Total units required 32,000 36,000 41,500 94,500 - Beginning inventory 3,300 7,000 8,000 3,300 Budgeted production 28,700 29,000 33,500 91,200 Budgeted sales for April is 38,000 units and for May is 26,000 units. Each brick requires 6 pounds of clay, and Michelle expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Company policy requires an ending finished goods inventory each month that will meet 25% of the following month's sales volume. Michelle expects to have 15,000 pounds of clay at a cost of $22,500 in inventory at the beginning of the year. Prepare Sunland & Kevin's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, e.g. 52.75.) January February March to to to