Budgeting: For each problem, use the given information to calculate the indicated amount.16. Wesley's builds the master budget using the following Standard Cost Sheet:DM 2L @ $4.00 $8.00DL 4dlh @ $15.00 $60.00VMOH 2 mhr @ $20.00 $40.00FMOH 2 mhr @ $80.00 $160.00Weasley expects to sell 1,000 units in the coming month. In beginning inventory, Weasley has 120 liters (L) of direct materials and 200 units of finished goods. What is Weasley's expected direct materialspurchases for the month in dollars?

D. Budgeting: For each problem, use the given information to calculate the indicated amount. 16. Weasley's builds the master budget using the following Standard Cost Sheet: DM 2L $4.00 $8.00 DL 4 dlh 15.00 60.00 VMOH 2 mhr 20.00 40.00 FMOH 2 mhr a 80.00 160.00 Weasley expects to sell 1,000 units in the coming month. In beginning inventory, Weasley has 120 liters (L) of direct materials and 200 units of finished goods. What is Weasley's expected direct materials purchases for the month in dollars