Current Attempt in Progress Novak Company has 1,970 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,200 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. V: V: NOVAK COMPANY Direct Materials Budget For the Month Ending January 31, 2023 V V $

Novak Company has 1,970kg of raw materials in its December 31,2022, ending inventory. Required production for January and February is 5,200 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per klogram is $6. Management wants an ending imventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January