A company has budgeted direct materials purchases of $310000 in July and $470000 in August. Past experience indicates that the company pays for 70of its purchases in the month of purchase and the remaining the next month. During August, the following items were budgeted in Purchase of the equipment Selling and Administrative Expenses Depreciation Expense 67000 44000 31000 The budgeted cash disbursements for August are $422000 $533000 ooo 0 s $589000 The per-unit standards for direct materials are 2 ans at 4 per gallon Last month, 12500 gallons of direct materials that actually cost $46250 were used to produce 8000 units of product. The direct materiais quantity Variance for last month was $10500 favorable. 314000 unfavorable $6250 unfavorable. $14000 favorable Click If you would like to show Work for this questioni Open Show Work Question Attempts of 1 used SAVE FOR LATER SUBMIT ANSWER led based on direct labor costs. The predetermined overhead race is 70% How much are Crane Company incurred direct materials costs of $550000 during the year. Manufacturing overhead pole was $560000 and is Crane Company's total manufacturing costs for the year! 1102000 1350000 $1110000 SID0000 a you wo t e Show work for this town