Your answer is partially correct Try again. Dewitt Industries has adopted the following production budget for the first 4 months of 2020. have a raw Month Units Month Units January 10,390 March 5,370 February 8,290 April 4,420 Each unit requires 4 pounds of raw materials costing 12 per pound. On December 31, 2019, the ending raw materials inventory was 8,312 pounds. Management wants 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 for the Quarter Ending March 31, 2020 January February March Units to be produced 10390 8290 5370 Direct Materals Per Unit Total Pounds Needed for production 41560 33160 21480 Add Desired Ending Direct Materials Pourds) 8290 5370 4420 DEWITT INDUSTRIES Direct Materials Purchases Budget For the Quarter Ending March 31, 2020 January February March 10390 8290 5370 Units to be produced Direct Materials Per Unit Total Pounds Needed for Production 41560 33160 21480 Add v Desired Ending Direct Materials (Pounds) 8290 5370 4420 X x Total Materials Required 49850 38530 25900 x Less Beginning Direct Materials (Pounds) -8312 -8290 -5370 Direct Materials Purchases 41538 30240 20530 Cost Per Pound 2 > X Total Cost of Direct Materials Purchases 83076 60480 41060 $