Alliance 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 K 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?
A. $240,000.
B. $208,000.
C. $352,000.
D. $256,000.
E. $144,000.
Answer: D
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