Question 2 of 7 - 78 III View Policies Current Attempt in Progress Bonita Industries has adopted the following productior udget for the first 4 months of 2022. Month Units Month Units January 11,600 March 5.800 February 9.280 April 4,640 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021. the ending raw materials inventory was 4,640 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. BONITA INDUSTRIES Direct Materials Purchases Budget January February Prepare a direct materials purchases budget by month for the first quarter. BONITA INDUSTRIES Direct Materials Purchases Budget January February March $ $ $ S $ eTextbook and Media Sve for Latur Attempts:0 of 3 used Submit