Xiao Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 38 skeins of wool at a cost of $4 per skein and 0.7 gallons of dye at a cost of $7 per gallon. All other materials are indirect. At the beginning of the year Xiao has an inventory of 450,000 skeins of wool at a cost of $855,000 and 3,700 gallons of dye at a cost of $21,830. Target ending inventory of wool and dye is zero. Xiao uses the FIFO inventory cost flow method. (Click the icon to view the additional information.) There is no direct manufacturing labor cost for dyeing. Xiao budgets 52 direct manufacturing labor-hours to weave a rug at a budgeted rate of $14 per hour. It budgets 0.3 machine-hours to dye each skein in the dyeing process EEB Click the icon to view the budgeted overhead costs.) Read the requirements Requirement 1. Prepare a direct material usage budget in both units and dollars. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. Direct Material Usage Budget in Quantity and Dollars Material Wool Dye Total Physical Units Budget Direct materials required for Blue rugs keis gal