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Coronado Company has 1840 pounds of raw materials nits December 31, 2021. ending inventory Required production for January and February of 2022 are 3,680 and

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Coronado Company has 1840 pounds of raw materials nits December 31, 2021. ending inventory Required production for January and February of 2022 are 3,680 and 4600 units respectively. Two pounds of raw materials are needed for each unit and the estimated cost per pounds $ 6. Manapement desires an ending inventory equal to 25% of next month's materials requirements Prepare the direct materials budget for January CORONADO COMPANY Direct Materials Budget

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