Ivanhoe Company has $2,160$ pounds of raw materials in its December $31,2021,$ ending inventory. Required production for January and February of $2022$ are $4,320$ and $5,400$ 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 budget for January.

IVANHOE QOMPANY

Direct Materials Budget

Januarv $31.2022$