Sleepy, Inc. manufactures comforters. The sales budget details forecasted unit sales of 72,000 comforters in 2021. Sleepy has 12,000 comforters in its inventory at December 31, 2020 and desires 6,000 comforters in inventory at the end of 2021.

Each comforter requires 8 yards of material. The estimated January 1, 2021, beginning inventory is 44,000 yards. The desired ending balance is 33,000 yards of material. The material costs $4.00 per yard.

Prepare the direct materials purchases budget for 2021. You must show all supporting calculations.