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Wildhorse Company has 1,990 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,200 and 5,960

Wildhorse Company has 1,990 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,200 and 5,960 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $7. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. WILDHORSE COMPANY Direct Materials Budget For the Month Ending January 31, 2023 $ $ I
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Wildorse Compary has 1,990kg of raw materials in its December 31, 2022, ending imventory. Required production for lanuary and February is 5,200 and 5,960 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $7. Management wants an ending irwentory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January

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