TB MC Qu. 07-91 (Algo) Alliance Company budgets production... Alliance Company budgets production of 35,000 units in January and 39,000 units in February. Each finished unit requires 4 pounds of raw material K that costs $3.50 per pound. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The January 1 inventory for this material is 42,000 pounds. What is the budgeted materials needed in pounds for January? TB MC Qu. 07-112 (Algo) Chocolate Company reports the... Chocolate Company reports the following information from its sales budget: Expected sales: Cash sales are normally 20% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is