Alliance Company budgets production of 30,000 units in January and 34,000 units in February. Each finished unit requires 3 pounds of raw material that costs $3,50 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 31500 pounds. What is the budgeted materials cost for January Multiple Choice $235.200 $315.000 $294.750 O $23.700 O 5439.950 > 2 IN 21 F F4 FG FH FO F10 F11 F12 36 6 03 INS w