Perine Company has 2,838 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,300 and 5,800 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 month's materials requirements. Prepare the direct materials budget for January. PERINE COMPANY Direct Materials Per Unit Direct Materials Per Unit Direct Materials Budget