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 materials: 5 pounds at $9 per pound	$	45
Direct labor: 3 hours at $14 per hour		42
Variable overhead: 3 hours at $8 per hour		24
Total standard cost per unit	$	111

The planning budget for March was based on producing and selling 28,000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs:

1. Purchased 180,000 pounds of raw materials at a cost of $8.50 per pound. All of this material was used in production.

2. Direct laborers worked 69,000 hours at a rate of $15 per hour.

3. Total variable manufacturing overhead for the month was $565,110.

Required:

1. What raw materials cost would be included in the companys planning budget for March?