QUESTION ANSWER $30,880 Jones Company needs to produce 700 regular chairs during January and has beginning materials inventory balance of $10,200. The direct materials cost per unit is $40. Jones Company desires to have materials inventory on hand of 10% of the next month's production needs of 720 units (February's production in units). $28,800 $28,000 What is the dollar amount of direct material purchases for January for the regular chair? $20,680 I DON'T KNOW YET