Problem: Nori Company makes custom chairs. The below are the sales and production budgets. Budgeted Sales in units: February 9,000 March 8,700 April 8,900. Budgeted Production in units: February 9,300 March 9,000 April 9,100. Prepare a direct materials budget for March. What is the total dollars for your direct materials budget for March? Every unit requires 2 feet of fabric for the chair seat. The fabric was purchased at $8 per foot. Management's policy is to maintain ending direct materials on hand each month at a level equal to 7% of the following month's production budget.