Crespo Company has 160,000 pounds of raw materials on hand on January 1st. The company requires 840,000 pounds for production in January and desires an ending inventory of 280,000 pounds as of January 31. How many pounds of raw materials should be purchased in January?

The following information is taken from the production budget for the first quarter: Beginning inventory in units 1,200

Sales budgeted for the quarter 426,000

Capacity in units of production facility 472,000

How many finished goods units should be produced during the quarter if the company desires 3,200 units available to start the next quarter?

The direct materials budget shows:

Desired ending direct materials 48,000 pounds

Total materials required 69,000 pounds

Direct materials purchases 63,200 pounds

The total direct materials needed for production is