Sheridan Company's sales budget projects unit sales of part 1987 of 11,400 units in January 13,000 units in February. and 15,500 units in March. Each unit of part 1987 requires 4 pounds of materials, which cost $2 per pound. Sheridan 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. Prepare a direct materials budget for January 2022. SHERIDAN COMPANY Direct Materials Budget January >