Question: please help will like DeWitt Industries has adopted the following production budget for the first 4 months of 2017 Month Units Month Units January 10.110


DeWitt Industries has adopted the following production budget for the first 4 months of 2017 Month Units Month Units January 10.110 March 5.260 February 8.180 April 4,390 Each unit requires 5 pounds of raw materials costing $ 2 per pound On December 31, 2016, the ending raw materials inventory was 9.250 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 January February S $ $ $ $ January February March $ $ $
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