Tall Oak, Inc. produces ruler from plactic resin. TallOak has estimated production and sales of rule

Tall Oak, Inc. produces ruler from plactic resin. TallOak has estimated production and sales of rule in units for the next 2 months as:                                                   May            June   Estimated production          42,000       48,000   Estimated sales                      50,000       36,000Each ruler requires 0.25 pounds of resin. The cost of resin is $4.50 per pound. Tall Oak wants to have 20% of the next month’s material requirements on hand at the end of the each month.instruction: on columna workpaper ,perpare a direct material purchases budget for the month of May

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