Swifty Company's sales budget projects unit sales of part 1987 of 8,200 units in January, 9,800 units in February, and 10,700 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Swifty 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 is partially correct. Prepare a production budget for January and February 2022. SWIFTY COMPANY Production Budget For the Two Months Ending February 28, 2022 January February Unit Sales 8200 980 Add Desired Ending Finished Goods Inventory 1640 1960 Total Required Units 10160 11760 Less V Beginning Finished Goods Inventory 1960 1640 Required Production Units 8200 10120 e Textbook and Media Attempts: 1 of 1 used (b) Prepare a direct materials budget for January 2022. SWIFTY COMPANY Direct Materials Budget January v: $ $ e Textbook and Media