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

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Wildhorse Company has 1,990kg of raw materials in its December 31,2022 , ending inventory. Required production for Jamuary 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