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y Bookmarks Window Help ? edugen.wileyplus.com C Basic Financial Calculator Download rb...nts- RARBG Facebook Torrent Searc...e | 1337x.to>> Exercise 21-5 DeWitt Industries has adopted the following production budget for the first 4 months of 2017 Units Month Month January February Units 5,410 4,320 10,150 March 8,380 Aprill Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2016, the ending raw materials inventory was 9,460 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 Question Attempts: O of 3 used SAVE FOR LATERSUBMIT ANSWER

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Direct materials Purchases Budget January February March Units to be produced 10,150 8,380 5,410 Direct materials per unit 3 3 3 total pounds needed for production 30450 25140 16230 Add:Desired ending direct materials 5028 3246 2592 total materials required 35478 28386 18822 less:Beginning direct materials(pounds) 9,460 5028 3246 direct material purchases 26,018 23358 15576 cost per pound 2 2 2 total cost of direct material purchases 52036 46716 31152