Homework: Chapter 9 Homework HW Score: 51.42%, 10.28 of 2 of 10 complete Score: 0.67 of 2 pts E9-21A (similar to) Question Help Industries manufactures a popular interactive stuffed animal for children that requires the computer chips inside each toy. The company pays $2 for each computer chip. To help to guard against stockouts of the computer chip, Hoffman Industries has a policy that states that the ending inventory of computer chips should be at least 25% of the following month's production needs. The production schedule for the first four months of the year is as follows: Click the icon to view the production schedule) Requirement Prepare a direct materiais budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget. Data Table Prepare the direct materials budget by frut calculating the total quantity needed, then complete the budget. Hoffman Industries Direct Materials Budget For the Month of January through March January February March Quarter Units to be produced Multiply by: Quantity of direct materials needed per un Quantity needed for production P Desired ending inventory of direct materials Total Quantity needed January February March April Stuffed animals to be produced 5.000 400 4.500 4600 Done Entrany number in the edited and then click Check Antwer Check Awe Clo 1 pun memang MacBook Air 80 200 A % 5 & 7 8 0 9 6 3 2 4