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Exit Assignment x 3 of 1 6 Concepts completed FIII In the Blank Question A manufacturing company has budgeted production of 5 , 0 0

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Exit Assignment x
3 of 16 Concepts completed
FIII In the Blank Question
A manufacturing company has budgeted production of 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of materials at a cost of $10 per pound. On May 1, there are 2,750 pounds of materials on hand. The company desires an ending materials inventory of 60% of the next month's materials requirements. The total cost of direct materials purchases for May will be $
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