1. Schuh Corporation manufactures product AB1 which requires a raw material called XZ2. In order to make one unit of AB1, 2.5 kgs of raw materials are used. Budgeted production of ABt for the first 5 months are as follows: January.......... 28,000 units February .......27.500 units 28,000 units April 29.500 units May 27,000 units March The company wants to maintain an ending inventory equal to 30% of the following months raw material needs for production, Raw material costs $10 per unit. Schuh Corporation now wants to make a Direct Material Budget. What should be the dollar value of the ending inventory for the month of February, on the direct material budget? $21,000 $210,000 $84,000 $8400 $82,500 None of the above