Legalos Company makes and sells a single product. It takes seven pounds of direct materials to produce one unit of this product. Budgeted production for the next three months is given below: February March April Budgeted Units to be produced 18,500 units 19,200 units 14,300 units The company wants to maintain monthly ending inventories of direct material that are equal to 54% of the following month's production needs. The cost o direct materials is $1.50 per pound. Calculate the total cost of direct materials budgeted to be purchased in February