Zortek Corp. budgets production of 360 units in January and 270 units in February. Each finished unit requires three pounds of raw material Z, which costs $2 per pound. Each month's ending inventory of raw materials should be 50% of the following month's budgeted production. The January 1 raw materials inventory has 180 pounds of Z. Prepare a direct materials budget for January ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) units Materials needed for production (lbs) bs Ibs lbs Ibs ib Total materials requirements (bs) Materials to be purchased (s) Ibs perib Total cost of direct materials purchases