Bell expects to produce 1,900 finished goods units in January and 2,200 finished goods units in February. The company budgets 4 pounds of Direct Materials is used to manufacture each finished goods unit. The company budgets the cost of Direct Materials to be $12 per pound. (Indirect materials are insignificant and not considered for budgeting purposes.) The balance in the Raw Materials Inventory account (all direct materials) on January 1 is 4,830 pounds. Bell desires the ending balance in Raw Materials Inventory to be 25% of the next month's direct materials needed for production. Desired ending balance for February is 4,960 pounds. The budgeted cost of purchases of direct raw materials in February is $159,550 $143,670 $128,380 $113,740 $138,720