Brief Exercise 21-4 Your answer is partially correct. Try again. Perine Company has 2,376 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,570 and 6,030 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $9. Management desires an ending inventory equal to 26% of next month's materials requirements. Prepare the direct materials budget for January. (Round intermediate calculations and final answer to O decimal places, e.g. 5,275.) PERINE COMPANY Direct Materials Budget For the Month Ending January 31, 2017 Click if you would like to Show Work for this question: Open Show Work