Garver Industries has budgeted the following unit sales: 2022 Units January 10,000 February 8,000 March 9,000 April 11,000 May 15,000 The finished goods units on hand on December 31, 2021, was 2,000 units. Each unit requires 3 pounds of raw materials that are estimated to cost an average of $4 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated sales. Instructions Calculate how many units need to be produced in January. Calculate how much raw material will be used (not purchased) and the total cost for the units produced in January.