Data for the cost of direct materials for the month ended March 31, 2022, are as follows: $ 80,560 Raw materials inventory, March 1, 2022 Raw materials inventory, March 31, 2022 74,200 During March, the company purchased $ 275,600 of raw materials on account from Cullumber Company and $ 97,520 of raw materials for cash from Ivanhoe Company. In addition, $ 53,000 was paid on the Cullumber account balance. (Assume all raw materials used were direct materials.) Compute the cost of direct materials used during March Cost of direct materials used during March $