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Waterway Auto has developed the following production plan for its new auto part. January February March April Budgeted production (units) 11,600 8,600 9,960 14,940 Each

Waterway Auto has developed the following production plan for its new auto part.

January February March April
Budgeted production (units) 11,600 8,600 9,960 14,940

Each unit contains 3 pounds of raw material. The desired raw materials ending inventory is 132% of the next months production needs, plus an additional 504 pounds. January's beginning inventory requirements equal 132% of the current month's production needs, plus an additional 504 pounds. Prepare the direct materials purchases budget for the first three months of the coming year. (Round answers to 0 decimal places, e.g. 5,275.)

January February March Quarter

Budgeted production

Standard pounds per unit

Production needs

Budgeted ending inventory

Total DM required (lbs.)

Beginning inventory

Budgeted purchases (lbs.)

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