Direct Materials Purchases Budget Problem Martin Manufacturing is preparing its budget. Production is expected to be 8,300 units in January and 9,375 units in February. Each unit of produet requires two pounds of direct material, and the material costs $2 per pound. Ending inventory of direct material should be 10% of next month's production needs. If Martin Manufacturing begins January with 1,660 pounds of material, what is the budgeted material purchase amount for January? A) $32,770 B) $16,815 C) $33,630 D) $35,000