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Crane Compary has 2.080 pounds of raw materiaks in its December 31, 2021, ending itventory. Required production for January and February of 2022 are 4,160

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Crane Compary has 2.080 pounds of raw materiaks in its December 31, 2021, ending itventory. Required production for January and February of 2022 are 4,160 and 5,200 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. Management desires an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials buitget for January. CRANE COMPANY Direct Materials Budget

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