Direct materials purchases budget

Quetzaltenango Candle Inc. budgeted production of 725,000 candles for March. Wax is required to produce a candle. Assume 14 ounces of wax is required for each candle. The estimated March 1 wax inventory is 16,300 pounds. The desired March 31 wax inventory is 13,800 pounds. If candle wax costs $2.10 per pound, determine the direct materials purchases budget for March. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Line Item Description	Amount
Pounds of wax required for production:
CandlesEstimated beginning inventory, March 1Estimated ending inventory, March 31SalesUnit price	- Select -
Estimated beginning inventory, March 31Desired ending inventory, March 1Desired ending inventory, March 31SalesUnit price	- Select -
Total units available	Total units available
CandlesEstimated beginning inventory, March 1Estimated beginning inventory, March 31SalesUnit price	- Select -
Total pounds to be purchased	Total pounds to be purchased
Unit price (per lb.)	$Unit price (per lb.)
Total direct materials to be purchased in March	$Total direct materials to be purchased in March