Perine Company has 2,825 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,280 and 5,760 units, respectively. 3 pounds of raw materials are needed for each unit, and the estimated cost per pound is $8. Management desires an ending inventory equal to 22% of next months materials requirements. Prepare the direct materials budget for January. (Round intermediate calculations and final answer to 0 decimal places, e.g. 5,275.) PERINE COMPANY Direct Materials Budget : : $ $ Link to Text