Vaughn Industries has adopted the following production budget for the first 4 months of 2025 . Each unit requires 3 pounds of raw materials costing $4 per pound. On December 31,2024 , the ending raw materials inventory was 7,440 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. Virectivatertar Purnases buuget January February viectTfaterals Furmases butaget February Total Cost of Direct Materials Purchases Direct Labor Time Per Unit Desired Ending Direct Materiais (Pounds) Direct Labor Cost Per.Hour Total Required Direct Labor Hours Units to be Produced Direct Materials Purchases Total Materials Required Total Pounds Needed for Production Direct Materials Per Unst Total Direct Labor Cost Beginning Direct Materials (Pounds) Cost Per Pound Desired Ending Direct Materials (Pounds) Beginning Direct Materials (Pounds) Total Required Direct Labor Hours Total Direct Labor Cost Direct Materials Purchases Total Cost of Direct Materials Purchases Cost Per Pound Direct Materials Per Unit Total Materials Required Direct Labor Cost Per Hour Direct Labor Time Per Unit. Total Pounds Needed for Production Units to be Produced