Smoke, Inc. makes and sells products. Each product uses 1/2 pound of plastic. Budgeted production of products in units for the next three montres is on follows: April May June Budgeted production 20,000 23,000 25.000 The company wants to maintain monthly ending Inventories of plastic equal to 25% of the following month's budgeted production needs. The cost of plast is $2.20 per pound. Instructions: Prepare a direct material purchases budget for the month of May