us Exercise 22-05 Dewitt Industries has adopted the following production budget for the first 4 months of 2020. Month ty Month Units Units January 10,230 March 5,410 February 8,150 April 4,500 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 6,138 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. DEWITT INDUSTRIES Direct Materials Purchases Budget January February March . . $ . Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO