Caleb Corp. has prepared the following unit sales forecast for 2011:

Estimated ending Finished Goods Inventories are 50,000 units at December 31, 2010; 72,000 units at June 30, 2011; and 120,000 units at December 31, 2011.
In manufacturing a unit of this product, Caleb Corp. uses 3 pounds of Material A and 0.75 gallons of Material B. Materials A and B cost, respectively, $2.50 per pound and $1.80 per gallon.
The company carries no Work in Process Inventory. Ending inventories of direct material are projected as follows:

Prepare a production and purchases budget for each semiannual period of2011.

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January-June July-December Total Sales 1,160,000 1,440,000 2,600,000 December 31, 2010 240,000 90,000 June 30, 2011 Material A (in pounds) Material B (in gallons) 270,000 70,000 December 31, 2011 284,000 76,000