SCREEN PRINTER VERSIONBACK Brief Exercise 24-04 Perine Company has 5,220 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4, 500 and 5,900 units, respectively 4 pounds of raw materials are needed for each unit, and the estimated cost per pound is $7 Management desires an ending nventory equal to 29% of next month's materials Prepare the direct materials budget for January PERINE COMPANY Direct Materials Budget A Sers. Jinc. All Rights Reserved A Division of e eS