Concord Corporation is planning to sell 700 boxes of ceramic tile, with production estimated at 670 boxes during May. Each box of tile requires 50 pounds of clay mix and a 0.25 hour of direct labor. Clay mix costs $0.50 per pound and employees of the company are paid $10 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Concord has 3900 pounds of clay mix in beginning inventory and wants to have 5500 pounds in ending inventory. What is the budgeted amount of direct materials to be purchased (in pounds) for the month? 36600351003190033500 eTextbook and Media