Fuqua Company's sales budget projects unit sales of part 1982 of 10,300 units in January, 13,000 units in February and 14.000 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $5 per pound. Fuqua 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, 2016, Prepare a production budget for January and February 2017 FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2017 January February Expected Unit Sales 10300 13000 Add Desired Ending Finished Goods Inventory 2600 2800 Total Required Units 12900 15800 Less Beginning Finished Goods Inventory 2060 2600 Required Production Units 13200 10840 Prepare a direct materials budget for January 2017. FUQUA COMPANY Direct Materials Budget For the Month Ending January 31, 2017 January $ $