Help Zortek Corporation budgets production of 460 units in January and 390 units in February. Each finished unit requires four pounds of material Z, which costs $3 per pound. Each month's ending inventory of material Z should be 50% of the following month's budgeted production. The January 1 inventory has 920 pounds of material Z. Prepare a direct materials budget for January. ZORTEK CORPORATION Direct Materials Budget January Units to produce 460 units Materials required per unit (Pounds) 4 pounds Materials needed for production (Pounds) 1,840 pounds Add: Desired ending materials inventory pounds Total materials required (Pounds) pounds Less: Beginning materials inventory (pounds) 920 pounds Materials to purchase (Pounds) (920) pounds Materials cost per pound $ 3 per pound Cost of direct materials purchases