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E9-21A (similar to) Question Help Osbome Industries manufactures a popular interactive stuffed animal for children that requires three computer chipside each toy. The company pays $4 for each computer chip. To help to guard against stockouts of the computer chip, Osbome industries has a policy that states that the ending invertory of computer chips should be at least 20% of the following month's production needs. The production schede forme first four months of the year is as follows: Co the icon to view the production schedule) Requirement Data Table Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the pure Direct Material Budget For the Month of January through March Stuffed animals to be produced February March Quarter Units to be produced February Multiply by Quantity of direct materials needed per unit March Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity nooded Enter any number in the edit fields and then click Check