The budget components for Cheyenne Company for the quarter ended June 30 appear below. Cheyenne sells...

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The budget components for Cheyenne Company for the quarter ended June 30 appear below. Cheyenne sells high performance coolers for $120 each. Budgeted sales and production for the next three months are: Sales Production April 22,700 units 25,500 units May 49,300 units 45,500 units June 30,100 units 28,900 units Cheyenne desires to have coolers on hand at the end of each month equal to 30 percent of the following month's budgeted sales in units. On March 31, Cheyenne had 6,810 completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Cheyenne desires to have 10 percent of the following month's production material needs on hand. At March 31, Cheyenne had 12,750 pounds of plastic on hand. The materials used in production cost $0.60 per pound. The production of each cooler requires 0.10 hours of direct labor. Determine the budgeted cost of direct materials purchases for the month of April. Budgeted cost of direct materials purchases for April $ The budget components for Cheyenne Company for the quarter ended June 30 appear below. Cheyenne sells high performance coolers for $120 each. Budgeted sales and production for the next three months are: Sales Production April 22,700 units 25,500 units May 49,300 units 45,500 units June 30,100 units 28,900 units Cheyenne desires to have coolers on hand at the end of each month equal to 30 percent of the following month's budgeted sales in units. On March 31, Cheyenne had 6,810 completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Cheyenne desires to have 10 percent of the following month's production material needs on hand. At March 31, Cheyenne had 12,750 pounds of plastic on hand. The materials used in production cost $0.60 per pound. The production of each cooler requires 0.10 hours of direct labor. Determine the budgeted cost of direct materials purchases for the month of April. Budgeted cost of direct materials purchases for April $