Waterways Corporation is preparing its budget for the coming year, 2020. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process. Waterways Continuing Problem 24 a-i (Part Level Submission) Waterways Corporation is preparing its budget for the coming yearWaterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31,(a) Your answer is correct. For the first quarter of 2020, prepare a sales budget. WATERWAYS CORPORATION Sales Budget For the(b) Your answer is correct. For the first quarter of 2020, prepare a production budget. WATERWAYS CORPORATION Production Budg (c) For the first quarter of 2020, prepare a direct materials budget. (Round cost per pound to 2 decimal places, e.g. 0.25 an

(c) For the first quarter of 2020, prepare a direct materials budget. (Round cost per pound to 2 decimal places, e.g. 0.25 and all other answers to 0 decimal places, e.g. 2,520.) WATERWAYS CORPORATION Direct Materials Budget First Quarter February March January Quarter $ $ $ Click if you would like to Show Work for this question: Open Show Work (c) For the first quarter of 2020, prepare a direct materials budget. (Round cost per pound to 2 decimal places, e.g. 0.25 and all other answers to 0 decimal places, e.g. 2,520.) WATERWAYS CORPORATION Direct Materials Budget First Quarter February March January Quarter $ $ $ Click if you would like to Show Work for this question: Open Show Work