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A manufacturing company has budgeted production at 5,000 units for may and 4,400 units in June. Each unit requires 3 pounds of materials at a

A manufacturing company has budgeted production at 5,000 units for may and 4,400 units in June. Each unit requires 3 pounds of materials at a cost of $10 per pound. on May 1, there are 2,750 pounds of materials on hand. The company desires an ending inventory of 60% of the next months materials requirements. The total cost of direct materials purchases for May will be $___.

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