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Quetzaltenango Candle Inc, budgeted production of 745,000 candies for March. Wax is required to produce a candle. Assume 11 ounces of wax is required for each candle. The estimated March 1 wax inventory is 18,200 pounds. The desired March 31 wax inventory is 13,900 poonds. If cande wax costs $1.30 per pound, determine the direct materials purchases budget for March. (One pound =16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign