Question 1 of 5 View Policies Show Attempt History: Current Attempt in Progress Your answer is partially correct. DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month January February Units 10,100 Month Units 8,100 April March 5,100 4,100 0.64/1 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 6,060 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 "RFP Busine