Dean Manufacturing expects to produce 12,300 units in January and 13,600 units in February. The company budgets $20 per yard for direct materials and each unit has been budgeted 1 yard of material. The amount of indirect materials needed for production has been determined to be insignificant and will therefore not be considered in the calculation. The balance in the Raw Materials Inventory account (all direct materials) on. January 1 is 3,600 yards. The company desires the ending balance in Raw Materials Inventory to be 11% of the next month's direct materials needed for production. What is the cost of the budgeted purchases of direct materials needed for January? A. $275,920 B. $203,920 C. $246,000 D. $29,920