1 of 4 (0 comple Xue Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 40 skeins of wool at a cost of S5 per skein and 0.75 gallons of dye at a cost of $8 per gallon. All other materials are indirect. At the beginning of the year Xue has an inventory of 452,000 skeins of wool at a cost of $949.200 and 3,600 gallons of dye at a cost of $22,320. Target ending inventory of wool and dye is zero. Xuea ug uses the FIFO inventory cost flow method. (C Read t Requirement 1. Prepare a direct material usage budget in both units and dollars. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. Direct Material Usage Budget in Quantity and Dollars Material Wool Dye Total Physical Units Budget Direct materials required for skeins gal Blue rugs Cost Budget Available from beginning direct materials inventory Choose from any list or enter any number in the input telds and then continue to the next question 1 of 4 (0 comple Xue Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 40 skeins of wool at a cost of S5 per skein and 0.75 gallons of dye at a cost of $8 per gallon. All other materials are indirect. At the beginning of the year Xue has an inventory of 452,000 skeins of wool at a cost of $949.200 and 3,600 gallons of dye at a cost of $22,320. Target ending inventory of wool and dye is zero. Xuea ug uses the FIFO inventory cost flow method. (C Read t Requirement 1. Prepare a direct material usage budget in both units and dollars. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. Direct Material Usage Budget in Quantity and Dollars Material Wool Dye Total Physical Units Budget Direct materials required for skeins gal Blue rugs Cost Budget Available from beginning direct materials inventory Choose from any list or enter any number in the input telds and then continue to the next