Perine Company has 3,960 pounds of raw materials respectively. 3 pounds of raw materials are needed for each unit, and the estimated cost per pound is $9. Management desires an ending inventory equal to 30% of next month's materials requirements. its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,400 and 6,000 units, Prepare the direct materials budget for January. PERINE COMPANY Direct Materials Budget $