Zortek Corporation budgets production of 450 units in January and 230 units in February. Each finished unit requires four pounds of material Z, which costs $2 per pound. Each month's ending inventory of material Z should be 30% of the following month's budgeted production. The January 1 inventory has 540 pounds of material Z. Prepare a direct materials budget for January. \begin{tabular}{|l|r|l|} \hline \multicolumn{2}{|c|}{ ZORTEK CORPORATION } \\ \hline \multicolumn{1}{|c|}{ Direct Materials Budget } \\ \hline Units to produce & January \\ \hline Materials required per unit (Pounds) & 450 & units \\ \hline Materials needed for production (Pounds) & 2 & pounds \\ \hline Add: Desired ending materials inventory & 900 & pounds \\ \hline Total materials required (Pounds) & & pounds \\ \hline Less: Beginning materials inventory (pounds) & pounds \\ \hline Materials to purchase (Pounds) & (540) & pounds \\ \hline Materials cost per pound & per pound \\ \hline Cost of direct materials purchases & \\ \hline \end{tabular}