TB MC Qu. 07-91 (Algo) Alliance Company budgets production... Alliance Company budgets production of 23,000 units in January and 27,000 units in February. Each finished unit requires 4 pounds of raw material K that costs $2.00 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 27,600 pounds. What is the budgeted materials needed in pounds for January? Multiple Choice 96,800 pounds 92.000 pounds 64,400 pounds. n points 96,800 pounds. eBook Ask References 92,000 00 pounds. 64,400 pounds. 124,400 pounds. 60,000 pounds