Magnolia, Inc., manufactures bedding sets. The budgeted production is for 16,200 comforters this year. Each comforter requires 7 yards of material. The estimated January 1 beginning inventory is 3,740 yards with the desired ending balance of 4,000 yards of material. If the material costs $8.90 per yard, determine the materials budget for the year. $ 20

Magnolia, Inc, manufactures bedding sets. The budgeted production is for 16,200 comforters this year. Eoch comforter requires 7 yards of material. The estimated Jonuary 1 beginning inventory is 3,740 yards with the desired ending belance of 4,000 yards of material, If the matarfat costs 58.90 per yard, determine the materials budget for the year