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Question 2 of 9 - 71 E View Policies Current Attempt in Progress Metlock Company has 1,900 kg of raw materials in its December 31,
Question 2 of 9 - 71 E View Policies Current Attempt in Progress Metlock Company has 1,900 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 4,920 and 6,200 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. METLOCK COMPANY Direct Materials Budget For the Month Ending January 31, 2023 $ $
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