Bonita Company's sales budget projects unit sales of part 1987 of 9,000 units in January, 10,600 units in February, and 11,900 units in March. Each unit of part 198Z requires 4 pounds of materials, which cost $2 per pound. Bonita Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2021. Expected Unit Sales Add Desired Ending Finished Goods Inventory Total Required Units BONITA COMPANY Production Budget For the Two Months Ending February 28, 2022 Less : Beginning Finished Goods Inventory Required Production Units January 9000 2120 11120 1800 i 9320 February 10600 2380 12980 2120 i 10860 Units To Be Produced Direct Material Pounds Per Unit Total Pounds Needed for Production Add BONITA COMPANY Direct Materials Budget For the Month Ending January 31, 2022 Total Materials Required Less : Desired Pounds in Ending Materials Inventory Beginning Direct Materials (Pounds) January 9320 4 37280 14912 i Direct Materials Purchases Cost Per Pound Total Cost of Direct Materials Purchases < $ LA $ LA 2