Sandhill Industries has adopted the following production budget for the first 4 months of 2022. 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 imventory at the end of the month equal to 20% of nextmonth's production requirements Prepare a direct materials purchases budget by month for the first quarter