Sandhill Company has 1,960 pounds of raw materials in its December 31, 2021, ending inventory. Required production for January and February of 2022 are 3,920 and 4,900 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. Prenare the direct materials budget for January