ABC company has the following information to prepare their direct materials budget: Units to be produced April 12,500 May 10,750 It takes 2 pounds of material to produce each unit at a cost of $5.00 per pound. ABC company desires to have 20% of materials required for the following month's production in ending inventory. Beginning inventory is 2,500. What is the total cost of direct materials fir April to meet production needs? Question 8 options: $146,500 $134,000 $53,600 $112,500