34 Allance Company budgets production of 24,000 units in January and 28.000 units in the February. Each finished unit requires 4 pounds of raw material that costs $2.50 per pound Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 38,400 pounds. What is the budgeted materials cost for January? 00:50 Multiple Choice $240.000 $352000 5256.000 $240,000 34 $352.000 00:55:36 Book $256,000 Print $144,000 $208.000