U di ofipt 2 of 5 (4 complete HW Score: 63 22%, 3.16 0 E9-21A (similar to) Question Help Anderson Industries manufactures a popular interactive stuffed animal for children that requires two computer chips inside each Boy The company pays for each computer chip To help to pard againstockouts of the computer chip Anderson Industries has a policy that states that the ending inventory of computer chips should be at least 20% of the following month's production needs. The production schedule for the first four months of the year is a Click the icon to view the production schede) 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 budget Data Table Prepare the direct material budget by first calculating the total quantity needed, then complete the budget Anderson Industries Direct Materials Budget For the Months of January through March February March Quarter Units to be produced Multiply by Quantity of direct materials needed perunt Quantity needed for production Plus Desired ending inventory of art materials Total quantly needed Stuffed animals to be produced Done Enter any number in the ed elasand men click Check Answer Check