Fuqua Company's sales budget projects unit sales of part 1987 of 10,000 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part 1987 requires 2 pounds of materials, which cost $3 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, 2019. Prepare a production budget for January and February 2020. FUQUA COMPANY Production Budget January February Prepare a direct materials budget for January 2020. FUQUA COMPANY Direct Materials Budget January $