A Company sales budget projects unit sales of part Z of 10,000 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part Z requires 4 pounds of materials, which cost $2 per pound. the Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2013. Instructions (a) Prepare a production budget for January and February 2014. (b) Prepare a direct materials budget for January 2014