Trea Haven makss and sel s silk palm traes. Each trea uses 0.90 yards af silk fabric. Pudasted production of trass in units for the nact five months is as follavis: The company wants to maintain manthly ending inventorias of fabric aqual to 15% of the fallowing month's budgatad production nesds, and monthly imentoriss of trees equal to 2096 of the number nasded for next month's sales. The cost of silkis $200 paryard. Direct labor cost is $14.00 per hour and it takas 66 minutes to complate ach tree. Factory ovarhead is applied at the rate of $1.25 par diract labor dollar. Your answar is carrect. Prepare a direct materials purchases budget for June. (Enter Yards of silk per tree and cost of silk per yard to 2 decimal places, eg 0.75. Round all other answers to 0 decimal ploces, eg. 5,250.] (b) Attempts: unlimited 6 Your answar is incorract. Calculate the amount of Raw Matarials and Finished Goods Invantory to be reported on Trea Haven's June 20 balance shest. (Round answers to 2 decimal ploces, eg. 0.75.)