5 Alliance Company's budgets production of 31,000 units in January and 35,000 units in the February. Each finished unit requires 4 pounds of raw material that costs $4.00 per pound. Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 49,600 pounds. What is the budgeted materials need in pounds for January? Multiple Choice 130,400 pounds