Requirement:

$1.$ Calculate the ending inventory of chemcials in gallons for december of the prior year, and for january and february. Whats the beginning inventory of chemcials for january?

$2.$ Prepare a direct materials purchases budget for chemcials for the month of january and feb.

$3.$ Calculate the ending inventory of drums for december of the prior year and for january and feb.

$4.$ Prepare a direct materials purchase for drums for the months of jan and feb.