Roehler Industrial has estimated that production for the next five quarters will be: 1st quarter, 2017 ......................45,000

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Roehler Industrial has estimated that production for the next five quarters will be:

1st quarter, 2017 ......................45,000 units

2nd quarter, 2017..................... 41,000 units

3rd quarter, 2017...................... 49,000 units

4th quarter, 2017 ......................38,000 units

1st quarter, 2018 ......................47,000 units

Finished units of production require 6 pounds of raw material per unit. The raw material cost is $7 per pound. There is $283,500 of raw material on hand at the beginning of the first quarter, 2017. Roehler desires to have 15 percent of next quarter's material requirements on hand at the end of each quarter.

Required

Prepare quarterly direct materials purchases budgets for Roehler Industrial for 2017.

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