Perine Company has 3,214 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are4,120and5,670units, respectively.3pounds of raw materials are needed for each unit, and the estimated cost per pound is $9. Management desires an ending inventory equal to26% 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.)

United to be Produced:

Direct Materials/Unit:

Total lbs required for production:

ADD: Desired ending inventory:

total materials required:

Less; Beginning materials inventory

Cost per pound

Total Cost of direct materials purchased: