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Problem 2. Two pounds of organic flour are required for each pack of pasta made by Healthy Food Inc. The cost of organic flour is

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Problem 2. Two pounds of organic flour are required for each pack of pasta made by Healthy Food Inc. The cost of organic flour is $0.5 per pound. Budgeted production of Healthy Food Inc.'s pasta (in pack) for January to April is as follows: January February March April Budged production of pasta, in pack 70,000 80,000 60,000 50,000 As part of the company's policy, the inventory of organic flour at the end of a month must be equal to 20% of the following month's production needs. The beginning inventory of organic flour for January is 28,000 pounds. a. Prepare a direct materials budget for organic flour, by month and in total for January, February, and March. (15pts)

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