Zortek Corp. budgets production of 440 units in January and 370 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 30% 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 lbs. Materials needed for production (lbs.) lbs. lbs. Total materials requirements (lbs.) lbs. lbs. Materials to be purchased (lbs.) 0 lbs. per lb. Total cost of direct materials purchases