Perine Company has2,026pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are4,220and5,750units, respectively.2pounds of raw materials are needed for each unit, and the estimated cost per pound is $8. Management desires an ending inventory equal to24% of next month's materials requirements.

Prepare the direct materials budget for January.

Units to be produced _______

DM per unit ___

total pounds required for production_____

add: desired ending inv _____

total mat required _____

less: beg mat inv ____

DM purchases ___

cost per pound____

total cost of DM purchases____