END TERM EARM 37 Allance Company budgets production of 27,000 units in January and 31,000 units in February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 37800 pounds. What is the budgeted materials cost for January? Maple Choice $204000 $378.500 O O 1303000 $270.000 $175.500