Donaldson I on Industries pular interacu or children that requiles gst 30% of the fell npays chip. 1o e h of the ending inventory of computer chips s productio of the licy year is as follows EB(Click the icon to view the production schedule.) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget. Prepare the direct materials budget by first calculating the total quantity needed, then complete the budget Donaldson Industries Data Table Direct Materials Budget For the Months ofJanuary through March Stuffed animals to be produced March February Quarter January January 5,500 Units to be produced February 4.900 Multiply by: Quantity direct materials needed per unit March 4,300 Quantity needed for production April 4,500 Plus: Desired ending inventory direct materials Total quantity needed Print Done Less: Beginning inventory f direct materials Quantity to purchase Multiply by: Cost per unit