Daniel, Inc., plans to produce 5800 ceramic vases. Total budgeted FMOH is $5800. Information regarding the budgeted variable costs are given below:

	Input standard	Price standard
Direct materials	3 lbs	$1.40 /lb
Direct labor	2 hr	$10/hr
Variable MOH	2 hr	$2/hr
Fixed MOH

Hint: Add Fixed MOH per unit produced (budgeted FMOH/ budgeted production)

The following inventory levels apply to 20X4:

	Beginning inventory	Ending inventory
Direct materials	11000 lbs	12000 lbs
WIP	0 units	0 units
Finished goods	600 vases	400 vases

What is the cost of the direct material to be purchased?