Sandhill Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 9,800 March 4,900 February 7,840 April 3,920 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 3,920 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. SANDHILL INDUSTRIES Direct Materials Purchases Budget For the Quarter Ending March 31, 2022 January February Units to be produced 9800 7840 Direct Materials Per Unit 2 2 Total Pounds Needed for Production 19600 15680 Add Desired Ending Direct Materials (Pounds) 7840 4900 Total Materials Required 1080 27440 20580 DATO Less : Beginning Direct Materials (Pounds) 9800 7840 Direct Materials Purchases 17640 12740 Cost Per Pound $ 3 $ 3 Total Cost of Direct Materials Purchases $ 35280 25480 Sandhill Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 9,800 March 4,900 February 7,840 April 3,920 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 3,920 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. SANDHILL INDUSTRIES Direct Materials Purchases Budget For the Quarter Ending March 31, 2022 V January February March 9800 7840 4900 2 2 2 tion 19600 15680 9800 Direct Materials (Pounds) 7840 4900 3920 27440 20580 13720 Materials (Pounds) 9800 7840 4900 0.000 17640 12740 8820 $ 3 $ 3 'urchases $ 35280 25480 $ 17640