Question 3 of 5 3.31/7 E Sunland Company's sales budget projects unit sales of part 1982 of 11,600 units in January 13,200 units in February and 14,000 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound, Sunland Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. (a) Your Answer Correct Answer (Used) Your answer is partially correct. Prepare a production budget for January and February 2022. SUNLAND COMPANY Production Budget For the Two Months Ending February 28, 2022 January February Expected Unit Sales 11600 13200 Add : Desired Ending Finished Goods Inventory 2640 2800 Total Required Units 14240 16000 Beginning Finished Goods Inventory 2320 i 2640 Total cost of Direct Materials Purchases 11920 13360 (b) Prepare a direct materials budget for January 2022. SUNLAND COMPANY Direct Materials Budget January > C $ $