Fuqua Company's sales budget projects unit sales of part 1987 of 10,700 units in January 12,200 units in February and 13.000 units in March. Each unit of part 1982 requires 3 pounds of materials, which cost $4 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. Your answer is correct Prepare a production budget for January and February 2020, FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2020 January Expected Unit Sales February 1220 10700 Add Desired Ending Finished Goods Inventory 2440 266 Total Required Units 13140 1486 Less Beginning Finished Goods Inventory 2140 1 2440 Required Production Units 11000 1234 Prepare a direct materials budget for January 2020. FUQUA COMPANY Direct Materials Budget January > 1 V: > $ V $