Stenback Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information) Inventory at the start of the year was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires two pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the requirements 3,490 3.420 3,640 10,550 Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Stenback Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced 3500 3400 3600 10500 Multiply by Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed ibe in (Se yw ed re Enter any number in the edit fields and then click Check Answer 1 part remaining Clear All Check Answer lanter requires two pounds of polypropylene (a type of plastic). action on hand at the end of each month. The polypropylene costs $0.25 per pound. x i Data Table year, including ect materials by The polypropyler Number of planters to be sold naterials budget January 3,500 .... 3,400 February March April 3,600 For the - 4,000 May 4,200 ter 0500 Print Done irect materials nee ction ing inventory of direct materials i Requirements ig a dired of the ect mat 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Print Done of direct materials needed per unit oduction ending inventory of direct materials