Requirement 4. Prepare the direct material purchases budget (in quantities). (For entries with a balance, make sure to enter "0" in the appropriate field.) Direct Materials Purchases Budget (in Quantities) For the Year Ending December 31, 2017 Direct Materials A B To be used in production Thingone Thingtwo Total Add target ending Inventory Total requirements Deduct beginning inventory Purchases to be made (units) Enter any number in the edit fields and then click Check Answer. or data.) manufacturing labor-hour. 2,004 i Budget Data qual 2017 Projected Sales antitie 17 Product Units Price $ 164 irect Thingone Thingtwo 67,000 41,000 $ 254 2017 Inventories in Units Product Expected Target January 1, 2017 December 31, 2017 27,000 32,000 11,000 12,000 Thingone Thingtwo Print Done 42,000 J. (For i Projected Direct Manufacturing Labor Data - X rials Projected direct manufacturing labor requirements and rates for 2017 are: Product Hours per Unit Rate per Hour 3 3 $ 11 Thingone Thingtwo 16 Print Done a ( Click the icon 10 TUOwly ualdo prepare budgets for 2 ( labor data.) rect manufacturing i Actual and Projected Direct Materials Data 12,000 et (in quantities). The following direct materials are used in the two products: Amount Used per Unit Direct Material Unit Thingone Thingtwo Quantities) , 2017 A pound 5 6 B Direct Material pound 4 3 0 each 2 B Target Inventories Projected data for 2017 for direct materials are: Anticipated Expected Direct Purchase Inventories Material Price January 1, 2017 A $ 11 36,000 lb. B 4 33,000 lb. 3 6,000 units December 31, 2017 41,000 lb. 38,000 lb. 7,000 units Print Done