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Perine Company has 3,432 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,290

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Perine Company has 3,432 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,290 and 5,750 units, respectively. 4 pounds of raw materials are needed for each unit, and the estimated cost per pound is $7. Management desires an ending inventory equal to 20% of next month's 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 Units to be Produced Direct Materials Per Unit Direct Materials Purchases Add A): Desired Ending Inventory ||

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