Pharoah Company has 1,800 pounds of raw materials in its December 31, 2021, ending inventory. Required production for January and February of 2022 are 3.600 and 4.500 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. Management desires an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. PHAROAH COMPANY Direct Materials Budget For the Month Ending January 31, 2022 Units to be Produced Direct Materials Per Unit Total Pounds Required for Production Add Desired Ending Inventory 3600 2 7200