Styles Industries manufactures a popular interactive stuffed animal for children that requires two computer chips inside each toy. Donaldson Industries pays $3 for each computer chip. To help guard against stockouts of the computer chip. Donaldson Industries has a policy that states that the ending inventory of computer chips should be at least 30% of the following month's production needs. The production schedule for the first four months of the year is as follows:LOADING.. (Click the icon to view the production schedule.) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budge Focus he ending inventory of computer chips should be at le 0 Production Schedule -X Number of toys to be purchased 5,300 January February 4,100 March .. 4,400 4,300 April Print Done Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Quantity of direct materials needed per unit Quantity needed for production Desired ending inventory of direct materials Total quantity needed