Zortek Corp. budgets production of 460 units in January and 330 units in February. Each finished unit requires two pounds of raw material Z, which costs $3 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 110 pounds of Z. Prepare a direct materials budget for January ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (unita) units Materials needed for production (lbs) Ibs lbs ibs lbo Total materials requirements (lbs) lbs Materials to be purchased (s) Obs perb Total cost of direct materials purchases