Current Attempt in Progress Linda Robert, Marigold \& Michael Fabricators' purchasing manager, has just received the company's production budget for the first quarter: Budgeted sales for April is 37,000 units and for May is 26,000 units. Each brick requires 6 pounds of clay, and Linda expects to pay $1.50 per pound of clay in the comingyear. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Company policy requires an ending finished goods imventory each month that will meet 25% of the following monthis sales volume. Linda expects to have 15 , 00\% pounds of clay at a cost of $22.500 in inventory at the beginning of the year. Prepare Marigold \& Michael's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places, es. 52.75.)