Juda Industries manufactures a popular interactive stufed animal for children that requires the computer chips inside each toy. The company pays $4 for each computer che. To help to guard agackout of the computer chip de induanes has a policy that states that the ending inventory of computer that 25% of the wing mont's production needs. The production schedule for the first hour month of the years Cck ne icon to view the production schedule) Prepare a direct materials budget fur the first quarter that shows both the number of computer chips need and the dront of the purchases in the budget Prepare the direct materials but by first cacuating the total quantity needed, then compete the Direct Materials Budget Data table For the Months of January through March Stuffed animals to be produced January February Marsh Quarter Units to be pro 1.200 4.300 4.000 13.500 January February 5.200 4300 Multiply by Quantly of direct materials needed per un March 4.000 Quantity needed for production 15.000 12.000 12,000 41.500 April 4,400 Plas Desind ending inventory of direct ma 3225 2,000 3.500 3300 Total quart d 18.305 15.900 15.300 41.800 Less Degining inventory of direct Quantity to purchase Mutiply by: Cost pir unit Total cost of direct material purchases Print Done