Zortek Corp, budgets production of 370 units in January and 360 units in February. Each finished unit requires three pounds of raw material Z. which costs $4 per pound, Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 110 pounds of Z Prepare a direct materials budget for January ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production units) unit Materials needed for production (is) lbs Ibs Total materials requirements (lbs) its Materials to be purchased (ibs bs los perib Total cost of direct materials purchases