Current Attempt in Progress Qriole Compamy has 2,200 pounds of raw materials in its December 31:2021, ending inventory. Required production for January and February of 2022 are 4,400 and 5,500 units, respectively, 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is 56 , Management desires an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. ORIOLE COMPANY Direct Materials Budget Question 3 of 6 Current Attempt in Progress Qriole Compamy has 2,200 pounds of raw materials in its December 31:2021, ending inventory. Required production for January and February of 2022 are 4,400 and 5,500 units, respectively, 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is 56 , Management desires an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. ORIOLE COMPANY Direct Materials Budget Question 3 of 6