Q2 part 1 out of 2

Stenback industres manufactures a popular interactivo stuted animal for children that requires three computer chips inside cach toy. The company pays $1 for each computer chp. To holp to guard against stockouts of the computer chip, Stenback Industries has a policy that states that the ending imventory of computer chips thould be at least 30%6 of the following month's production needs. The production schedule for the first four months of the year is as follow:- (Cick the icon to view the production schodule.) Requirement Prepare a direct maserials budget for the first quartor that shows both the number of computer chips needed and the dollar amoum of the purchases in the budgot. Prepare the direct maserias budget by first calculating the total quantity needed, then complete the budget. Data table