Unit 6 Lab Learning Activity Question 1 of 2 2.86/5 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Coronado Company has 2,360 pounds of raw materials in its December 31, 2021, ending inventory. Required production for January and February of 2022 are 4,720 and 5,900 units, respectively. Two pounds of raw materials are needed for each unit, and the estimated cost per pound is $ 6. Management desires an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January CORONADO COMPANY Direct Materials Budget Units to be produced 4720 Direct Materials Pounds Per Unit Total Pounds Required for Production 28320 Add Desired Endine Inventory Pounds Total Materials Required Loss Beginning Materials Inventary Direct Materials Units to be purchased v Cost Per Pound Total Cost of Direct Materials Purchases e Textbook and Media Save for Later Attempts: 1 of 5 used Submit Answer Unit 6 Lab Learning Activity Question 2 of 2 - 75 E View Policies Current Attempt in Progress For Bramble Company units to be produced are 4.800 in quarter 1 and 6.720 in quarter 2. It takes 16 hours to make a finished unit, and the expected hourly wage rate is $ 15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022 BRAMBLE COMPANY Direct Labor Budget Quarter Six Months e Textbook and Media 5ave for Later Attempts: 0 of 5 used Submit