Save Homework: Chapter 22 Exercises Score: 0.57 of 1 pt 4 of 15 (4 completel HW Score: 21.01%, 3.57 of 17 pts S22-5 (similar to) Question Help Yosko expects to produce 1,650 units in January and 2.100 units in February. The company budynts 2 pounds per unit of direct materials at a cost of $45 per pound. Indirect materials are insignificant and not considered for budgeting purposes. The balance in the Raw Materials inventory account (wil direct material) on January 1 i 5.200 pounds. Yosko desires the ending balance in Raw Materials Inventory to be 10% of the next monthys direct materials needed for production Desired ending balance for February is 4.700 pounds. Prepare Youko's direct materials budget for January and February Direct Materials Budget Two Months Ended January 31 and February 28 January February Budgeted units to be produced 1.650 2.100 Direct materials (pounds) per unit 2 2 3,300 4,320 Direct materials needed for production 3,456 4.700 Plus: Desired direct materials in ending inventory (pounds) 6,756 9,020 Total direct materials needed 5,200 Less Direct materials in beginning inventory (pounds) 1.550 Budgeted purchases of direct materials 45 45 Direct materials cost per pound 70,020 Budated cost of direct materials purchases 2 Choose from any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer All parts showing $