Concord Company's sales budget projects unit sales of part 1982 of 8,600 units in January, 10,200 units in February, and 11,300 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Concord 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, 2021. Prepare a production budget for January and February 2022. CONCORD COMPANY Production Budget For the Two Months Ending February 28, 2022 January February & Expected Unit Sales 8600 10200 Add Desired Ending Finished Goods Inventory Total Recuired Units Less V: Beginning Finished Goods Inventory Required Production Units Prepare a direct materials budget for January 2022. CONCORD COMPANY Direct Materials Budget January C >