(5pts) Direct Materials Budget Month January February March 1st Quarter 9,5009,800 Units to be produced 9,000 Multiply by: Quantity of DM needed per unit 15 Quantity needed for production Plus: Desired end inventory of DM Total quantity needed Less: Beginning inventory of DM Quantity to purchase Multiply by: Cost per yard $ 2.50 Total cost of DM purchases Note: January 1 inventory balance (1,100) is the same as the December 31 balance which is calculated as 10% of the quantity needed for production in January. The expected output for April is 10,000 units. (5pts)