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Austen indistres manutactures a popular inferactive stuffed animal for chidren that requires four computor chips inside each toy. The company pays $1 for each computer

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Austen indistres manutactures a popular inferactive stuffed animal for chidren that requires four computor chips inside each toy. The company pays $1 for each computer chip. To help to guard againet stockouts of the computer chip, Austen industries has a polioy that thates that the ending inventory of computor ehips shoutd bet at least 30% of the folowirg moenth's production needs The production schedule for the first four months of the year is as follows: (Click the icon to view the production schedula) Requirement Prepare a direct moterials budget for the first quarter that shows both the number of computer chips nended and the dollar amount of the purchases in the budget. Prepare the direct materias budget by fast calculating the total quantity needed, then complete the budget Data table

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