Alliance Compony budgets production of 22,000 units in January and 26,000 units in February. Each finished unit requires 3 pounds of raw material K that costs $3,00 per pound. Each month's ending raw moteriais inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 26,400 pounds. What is the budgeted materials cost for January? Multiple Choice $118.800 $198,000 $172.800 $212,400