Bramble Industries has budgeted the following unit sales: The finished goods units on hand on December 31,2021 was 2.000 units. Each unit of finished goods requires 2 pounds of direct materials that are estimated to cost an average of $5 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticifated sales. The company also has a policy of maintaining a direct materials inventory at the end of each month equal to 30% of the pounds needed for the following month's production. There were 5,760 pounds of direct materials on hand at December 31,2021. (a) Your answer has been saved. See score details after the due date. For the first quarter of 2022, prepare a production budget. For the first quarter of 2022, prepare a direct materials budget. Attempts: 0 of 1 used