Susan Charles, Sunland & Joseph Fabricators' purchasing manager, has just received the company's production budget for the first quarter. Budgeted unit sales + Budgeted ending inventory Total units required - Beginning inventory Budgeted production January 21,000 8,400 29,400 3,000 26,400 February 28,000 9,900 37,900 8,400 29,500 March 33,000 10,200 43,200 9,900 33,300 Quarter 82,000 10,200 92,200 3,000 89,200 Budgeted sales for Aprilis 34,000 units and for May is 26,000 units. Each brick requires 6 pounds of clay, and Susan expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Susan expects to have 15,000 pounds of clay at a cost of $22,500 in inventory at the beginning of the year. Prepare Sunland & Joseph's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, e.g. 52.75.) Beginning inventory -/1 Budgeted ending inventory Budgeted production of clay at a cost of $22,500 in inventory at the beginning of the year. Budgeted purchases (lbs.) oseph's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, e.g. Budgeted purchases cost January Production needs February March Q Standard cost per pound Standard pounds per unit Total DM required (lbs.) $ $ $ $ $ $