Alliance Company's budgets production of 27,000 units in January and 31,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each months ending raw materials inventory should equal 35% of the following month's budgeted materia The 37800 pounds. What is the budgeted materials need in pounds for January? January 1 inventory fo this material is Multiple Choice 113,600 pounds 70.200 pounds. 151,400 pounds. 81,200 pounds