Answer:
Budgeted material cost for January is $ 256,000
Explanation:
Computations 
<u>Raw materials requirement for January</u>
Units to be produced in January                                               24,000 units
Raw material requirement for January at 4 pounds per unit     96,000 pounds
<u>Raw materials requirement for February</u>
Units to be produced in February                                               28,000 units
Raw material requirement for February at 4 pounds per unit    112,000 pounds
40  % of requirement of February to be available end January  <u>44,800 pounds</u>
<u>Purchases for January</u>
Closing Inventory+ Consumption -Opening Inventory 
44,800 pounds + 96,000 pounds  - 38,400 pounds =           102,400 pounds
Cost per pound  $ 2,50 per pound  = $ 256,000