ZZ, Inc. reported the following budgeted units to be produced for the next five months as follows: 22, Inc. used the following information in creating its master budget for the year: 1. Ending direct materials inventory for each month should be equal to 75% of the production needs for the next month. 2. Each unit produced requires 4 pounds of direct materials. 3. Direct materials are purchased for $2.50 per pound. calculate the cost of direct naterials budgeted to be purchased in January