Sunland Industries has adopted the following production budget for the first 4 months of 2022. Month...

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Sunland Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 11,600 March 5,800 February 9,280 April 4,640 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 4,640 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. SUNLAND INDUSTRIES Direct Materials Purchases Budget January C A February V AC Sunland Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 11,600 March 5,800 February 9,280 April 4,640 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 4,640 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. SUNLAND INDUSTRIES Direct Materials Purchases Budget January C A February V AC