Royal Furniture Company Direct Materials Purchases Budget For the Month Ending February 28 Direct Materials Fabric Wood Filler Springs Total (sq. yds.) (linear ft.) (cu. ft.) (units) Required units for production: King 7,800 49,400 5,460 20,800 Prince 5,960 V 38,740 5,066 17,880 Desired inventory, February 28 X Incorrect Total Estimated inventory, February 1 Total units to be purchased Unit price 12 V 7 V 3 V $ 4.5 VFFIFICE so units c. Desired inventories at Februaryr 28: Direct materials: Fabric 39:] sq. yids. Wood 55:] linear ft. Filler 30:] cu. ft. Springs 54E] units Finished products: King SCI units Prince 35 units d. Direct materials used in production: In manufacture of King: Fabric +5.12! so. yds. per unit of product Wood 38 linear ft. per unit of product Filler 4.2 cu. ft. per unit of product Springs 15 units per unit of product In manufacture of Prince: Fabric 4.1:! so. yids. per unit of product Wood EE- |inear ft. per unit of product Filler 3.4 cu. ft. per unit of product King 80 units Prince 35 units d. Direct materials used in production: In manufacture of King: Fabric 6.0 sq. yds. per unit of product Wood 38 linear ft. per unit of product Filler 4.2 cu. ft. per unit of product Springs 16 units per unit of product In manufacture of Prince: Fabric 4.0 sq. yds. per unit of product Wood 26 linear ft. per unit of product Filler 3.4 cu. ft. per unit of product Springs 12 units per unit of product e. Anticipated purchase price for direct materials: Fabric $12.00 per sq. yd. Wood 7.00 per linear ft. Filler $3.00 per cu. ft. Springs 4.50 per unit