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Brief Exercise 22-04 Perine Company has 2,000 pounds of raw materials in ts December 31, 2019, ending inventory. Required production for January and February of

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Brief Exercise 22-04 Perine Company has 2,000 pounds of raw materials in ts December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,000 and 5,000 units, respectively. 2 pounds of aw matenals are needed for each unit, and the estimated cost per pound is S6 Management desires an endng nventory equal to 2S% of et menthietenk reguienem PERINE COMPANY Direct Materials Badget

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