Smoke, Inc. makes and sells buckets. Each bucket uses 1/2 pound of plastic. Budgeted production of buckets in units for the next three months is as follows: 
The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted production needs. The cost of plastic is $2.20 per pound.
Instructions
Prepare a direct materials purchases budget for the month of May.
Definitions:
Product/Service Element
Key features or components of a product or service that define its value proposition, including quality, features, design, and brand.
Marketing Mix
The blend of product, price, place, and promotion strategies used by a business to achieve its marketing goals.
Service Marketers
Professionals specializing in marketing services as opposed to tangible products, focusing on strategies that highlight the unique aspects of services such as intangibility, variability, inseparability, and perishability.
Properties
Assets owned by an individual or organization, including real estate, intellectual property, and physical goods.
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