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

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