This Question: 5 pts 11 of 29 (1 complete) This Test: by pts possi Yordi expects to produce 2,000 units in January and 2,160 units in February. The company budgets 5 pounds per unit of direct materials at a cost of $55 per pound. Indirect materials are insignificant and not considered for budgeting purposes. The balance in the Raw Materials Inventory account (all direct materials) on January 1 is 5,900 pounds. Yordi desires the ending balance in Raw Materials Inventory to be 80% of the next month's direct materials needed for production Desired ending balance for February is 4.400 pounds. Prepare Yord's direct materials budget for January and February Begin by preparing the direct materials budget for January and February through total direct materials needed line and then complete the budget by calculating the budgeted cost of direct materials purchases. Yordi Company Direct Materials Budget Two Months Ended January 31 and February 28 January February Direct materials (pounds) per unit Direct materials needed for production Plus odules Total direct materials needed Tools > Los Budgeted purchases of direct materials Direct materials cost per pound Budgeted cost of direct materials purchases O of Choose from any list or enter any number in the input fields and then continue to the next question 2