Alliance Company's budgets production of 39,000 units in January and 43,000 units in the 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 46,800 pounds. What is the budgeted materials need in pounds for January?
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