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Each unit requires 3 pounds of direct materials, which cost $ 6 per pound. The company's policy is to maintain direct materials inventory equal to

Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials
inventory equal to 40% of the next month's direct materials requirement. As of June 30, the company has 5,040 pounds of direct
materials in inventory. Prepare the direct materials budget for July.
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