Coronado Company's sales budget projects unit sales of part 1982 of 9.200 units in January 10,800 units in February and 12.200 units in March. Each unit of part 1982 requires 4 pounds of materials, which cost $2 per pound. Coronado 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. (a) Prepare a production budget for January and February 2022 CORONADO COMPANY Production Budget For the Month Ending January 31, 2022 January February Less : Beginning Finished Goods Inventory (b) Prepare a direct materials budget for January 2022 CORONADO COMPANY Direct Materials Budget January > $