Question 11 of 15 < View Policies Current Attempt in Progress Vaughn Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 12,400 March 6,200 February 9.920 April 4,960 -/1 E Each unit requires 3 pounds of raw materials costing $4 per pound. On December 31, 2021. the ending raw materials inventory was 7,440 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. VAUGHN INDUSTRIES Direct Materials Purchases Budget > January February