Yosko expects to produce 1,650 units in January and 2,200 units in February. The company budgets 3 pounds per unit of direct materials at a cost of $35 per pound. Indirect materials are insignificant and not considered for budgeting purposes. The balance in the Raw Materials Inventory account (all direct materials) on January 1 is 5,800 pounds. Yosko desires the ending balance in Raw Materials Inventory to be 80% of the next month's direct materials needed for production. Desired ending balance for February is 4,800 pounds. Prepare Yosko's direct materials budget for January and February. Begin by preparing the direct materials budget for January and February through total direct materials needed line and then complete the budget by calculating the budgeted cost of direct materials purchases. Yosko Company Direct Materials Budget Two Months Ended January 31 and February 28 January February Budgeted units to be produced 1650 2200 3 3 Direct materials (pounds) per unit Direct materials needed for production Plus: Desired direct materials in ending inventory (pounds) 4950 6600 5280 Total direct materials needed Less: Direct materials in beginning inventory (pounds) Budgeted purchases of direct materials 35 Direct materials cost per pound 3 Budgeted cost of direct materials purchases