Homework: Chapter 9 Homework Part 10 Cleary Industries manufactures a popular interactive stuffed animal for children that requires three co Industries has a policy that states that the ending inventory of computer chips should be at least 25% Click the icon to view the production schedule.) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips March Prepare the direct materials budget by first calculating the total quantity needed, then complete the bu Cleary Industries Direct Materials Budget For the Months of January through March January February Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed Enter any number in the edit fields and then click Check Answer. Help Me Solve This Video Get More Help ree computer chips inside each toy. The company pays $4 for each computer chip. To help to guard against stockouts of the computer chip, Cleary est 25% of the following month's production needs. The production schedule for the first four months of the year is as follows: -chips needed and the dollar amount of the purchases in the budget. te the budget - X Data Table March Quarter Stuffed animals to be produced 5,800 4,100 4.000 4,300 January February March April . Print Done Clear All Check