Crane Company's sales budget projects unit sales of part 198Z of 10,600 units in January, 12,200 units in February, and 14,300 units in March. Each unit of part 1987 requires 4 pounds of materials, which cost $2 per pound. Crane 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. CRANE COMPANY Direct Materials Budget January Beginning Finished Goods Inventory Total Pounds Needed for Production Expected Unit Sales Beginning Direct Materials (Pounds) Total Required Units Required Production Units Cost Per Pound Desired Pounds in Ending Materials Inventory Direct Materials Purchases Units To Be Produced Desired Ending Finished Goods Inventory Total Materials Required Total Cost of Direct Materials Purchases Direct Material Pounds Per Unit