Coronado Company has 1,840 pounds of raw materials in its December 31, 2021, ending inventory. Required production for January and February of 2022 are 3,680 and 4,600 units, respectively. Two pounds of raw materials are needed for each unit, and the estimated cost per pound is $ 6. Management desires an ending inventory equal to 25% of next months materials requirements. Prepare the direct materials budget for January.

CORONADO COMPANY Direct Materials Budget choose the accounting period January 31, 2022For the Month Ending January 31, 2022For the Quarter Ending January 31, 2022
select an opening direct materials budget item Beginning Materials InventoryTotal Materials RequiredCost Per PoundDirect Labor Time Per UnitTotal Pounds Required for ProductionDirect Labor Cost Per HourDesired Ending Inventory PoundsDirect Materials Units to be PurchasedTotal Direct Labor CostUnits to be ProducedTotal Required Direct Labor HoursDirect Materials Pounds Per UnitTotal Cost of Direct Materials Purchases		enter a number of units
select an item Total Materials RequiredDirect Labor Cost Per HourTotal Pounds Required for ProductionTotal Required Direct Labor HoursDirect Materials Units to be PurchasedUnits to be ProducedBeginning Materials InventoryTotal Direct Labor CostDesired Ending Inventory PoundsCost Per PoundDirect Materials Pounds Per UnitDirect Labor Time Per UnitTotal Cost of Direct Materials Purchases		enter a number of pounds
select a summarizing line for the first part Total Materials RequiredTotal Required Direct Labor HoursTotal Cost of Direct Materials PurchasesTotal Direct Labor CostBeginning Materials InventoryDirect Labor Time Per UnitTotal Pounds Required for ProductionUnits to be ProducedCost Per PoundDirect Labor Cost Per HourDirect Materials Units to be PurchasedDesired Ending Inventory PoundsDirect Materials Pounds Per Unit		enter a total number of pounds for the first part
select between addition and deduction AddLess: select an item Total Materials RequiredDirect Labor Time Per UnitDirect Materials Units to be PurchasedBeginning Materials InventoryDirect Materials Pounds Per UnitUnits to be ProducedDesired Ending Inventory PoundsCost Per PoundTotal Pounds Required for ProductionTotal Direct Labor CostDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesTotal Required Direct Labor Hours		enter a number of pounds
select a summarizing line for the second part Total Pounds Required for ProductionCost Per PoundDirect Materials Pounds Per UnitUnits to be ProducedDirect Labor Time Per UnitTotal Direct Labor CostDesired Ending Inventory PoundsTotal Materials RequiredTotal Required Direct Labor HoursDirect Materials Units to be PurchasedDirect Labor Cost Per HourBeginning Materials InventoryTotal Cost of Direct Materials Purchases		enter a total number of pounds for the second part
select between addition and deduction AddLess: select an item Total Direct Labor CostTotal Required Direct Labor HoursDirect Materials Units to be PurchasedDirect Labor Cost Per HourTotal Pounds Required for ProductionDirect Materials Pounds Per UnitTotal Cost of Direct Materials PurchasesCost Per PoundUnits to be ProducedTotal Materials RequiredDirect Labor Time Per UnitDesired Ending Inventory PoundsBeginning Materials Inventory		enter a number of pounds
select a summarizing line for the third part Direct Materials Pounds Per UnitTotal Required Direct Labor HoursDirect Labor Time Per UnitTotal Cost of Direct Materials PurchasesBeginning Materials InventoryCost Per PoundDesired Ending Inventory PoundsTotal Pounds Required for ProductionTotal Direct Labor CostDirect Labor Cost Per HourTotal Materials RequiredUnits to be ProducedDirect Materials Units to be Purchased		enter a total number of pounds for the third part
select an item Total Materials RequiredDirect Materials Units to be PurchasedUnits to be ProducedDesired Ending Inventory PoundsDirect Materials Pounds Per UnitDirect Labor Cost Per HourBeginning Materials InventoryTotal Cost of Direct Materials PurchasesTotal Required Direct Labor HoursDirect Labor Time Per UnitTotal Direct Labor CostCost Per PoundTotal Pounds Required for Production		$ enter a dollar amount
select a closing direct materials budget item Desired Ending Inventory PoundsBeginning Materials InventoryTotal Materials RequiredDirect Labor Time Per UnitUnits to be ProducedTotal Required Direct Labor HoursTotal Pounds Required for ProductionTotal Direct Labor CostDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesDirect Materials Pounds Per UnitDirect Materials Units to be PurchasedCost Per Pound		$ enter a total dollar amount