Production Budget and Direct Materials Purchases Budgets Pets Plus, Inc. produces otic fluid for dogs. The otic fluid is sold in 12 -ounce plastic bottles. The sales budget for the first four months of the year is as follows: Company policy requires that ending inventories for each month be 15% of next month's sales. At the beginning of January, the inventory of otic fluid is 36,000 bottles. Each bottle of otic fluid needs two raw materials: eight ounces of a mix of salicylic acid and water and one plastic bottle. Company policy requires that ending inventories of raw materials for each month be 20% of the next month's production needs. That policy was met on January 1. 2. Prepare a direct materials purchases budget for bottles for the months of January and February. Round all calculations to the nearest whole number. Pet Plus, Inc. Direct Materials Purchases Budget for Bottles Pet Plus, Inc. Direct Materials Purchases Budget for Fluid mixture For January and February