Current Attempt in Progress Blossom Company has 2,480 pounds of raw materials in its December 31, 2021, ending inventory. Required production for January and February of 2022 are 4,960 and 6,200 units, respectively. 2 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 month's materials requirements. Prepare the direct materials budget for January.

Current Attempt in Progress Wildhorse Industries expects credit sales for January, February, and March to be $268,400,$317,200, and $366,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month