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Kirkland Ltd. estimates sales for the second quarter of 2016 will be as follows: The target ending inventory of finished products is as follows: Two

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Kirkland Ltd. estimates sales for the second quarter of 2016 will be as follows: The target ending inventory of finished products is as follows: Two units of material are required for each unit of finished product. Production for July is estimated at 2, 730 units to start building inventory for the fall sales period. Kirkland's policy is to have an inventory of raw materials at the end of each month equal to 60% of the following month's production requirements. Raw materials are expected to cost 56 per unit throughout the period. Calculate the May raw materials purchases in dollars. Cost of raw materials purchases $ _________________

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