Given the following information from Rudolf Enterprises' direct materials budget, how much direct materials needs to be purchased? Direct Materials Budget Transactions Cost & Units Units to be produced 50,000 unit Direct Materials per Unit 2 pounds/unit Cost per Pound $5/pound Beginning Materials Inventory 15,160 pounds Ending Materials Inventory 15,840 pounds (Hint: Prepare a Direct Materials Budget.) O $503,400 $500,000 $655,000 $246,600 $496,600