Wildhorse Company has $2,440$ pounds of raw materials in its December $31,2021,$ ending inventory. Required production for January and February of $2022$ are $4,880$ and $6,100$ unns, respectively. $2$ pounds of raw materials are needed for each unit, and the estimated cost per pound is $$6.$ Management desires an ending inventory equal to $25\%$ of next month's materials requirements.

Prepare the direct materials budget for January.

WILDHORSE COMPANY

Direct Materials Budget