PREPARE A DIRECT MATERIALS BUDGET Prepare the Direct Materials Budget for the first three months of Para's fiscal year (January, February, and March), along with the totals for the quarter, using the format shown in the text book. Relevant Information for preparing the Direct Materials Budget includes: Required Production for the 3 months: January -95,000 units February - 120,000 units March - 110,000 units April 11,180 Number of gallons needed per unit = 3 Raw materials inventory on January 1, 20XX = 30,000 gallons Desired ending inventory for each month = 10% of the next month's budgeted production Raw materials cost per gallon = $2.00