Orr Company makes and sells a single product. The company is in the process of preparing a direct materials purchases budget and has provided the following information: 1. It takes three yards of direct materials to produce one unit of this product. 2. Direct materials cost $1.20 per yard to purchase 3. 15,600 units are budgeted to be produced in May 4. The budgeted direct materials inventory balance at June 30 is $12,870. purchased in May to be $58,230 materials equal to 25% of the following month's production needs. 5. Orr Company has budgeted the total cost of direct materials to be 6. Orr Company wants to maintain monthly ending inventories of direct Calculate the total cost of direct materials to be purchased in June