Sunland Industries has adopted the following production budget for the first 4 months of 2022. Month Units Month Units January 12,000 March 6,000 February 9,600 April 4,800 Each unit requires 2 pounds of raw materials costing $3 per pound. On December 31, 2021, the ending raw materials inventory was 4,800 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 February