please answer required #1

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 5 pounds at $8.00 per pound $40.00 Direct labor: 2 hours at $14 per hour 28.00 Variable overhead: 2 hours at $5 per hour 10.00 Total standard variable cost per unit $ 78,00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month Variable Cost per Unit Sold $200,000 Advertising Sales salaries and commissions $100.000 $12.00 $2.00 Shipping expenses Fixed Cost per Month Variable Cost per Unit Sold Advertising $200,000 Sales salaries and commissions S100.000 $12.00 Shipping expenses $3.00 Page 1 The planning budget for March was based on producing and selling 25.000 units. However, during March the company actually produced and sold 30.000 units and incurred the following costs: a. Purchased 160.000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct laborers worked 55,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $280,500. d. Total advertising, sales salaries and commissions, and shipping expenses were $210.000 $455.000 and $115.000, respectively Required: 1. What materials cost would be included in the company's flexible budget for March