Waterway Industries has adopted the following production budget for the first 4 months of 2022 Month Units Month Units January February 8.360 April 10.200 March 5.100 4,000 Each unit requires 4 pounds of raw materials costing $6 per pound On December 31, 2021, the ending raw material inventory was 160 pounds, Managment wants to have a raw materials inventory at the end of thei production requirements Prepare a direct materials purchases budget by month for the first quarter vequal by 20% of next month Direct Materials Purchases Budget January February Direct Materials Purchases Budget January February March