Kimmel, Accounting, 7e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units January 10,130 March February 8,490 April 4,380 5,120 Each unit requires 5 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 10,130 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 Shew Work