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 $10 per pound	$	50
Direct labor: 3 hours at $14 per hour		42
Variable overhead: 3 hours at $4 per hour		12
Total standard cost per unit	$	104

The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs:

a.	Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production.
b.	Direct laborers worked 74,000 hours at a rate of $15 per hour.
c.	Total variable manufacturing overhead for the month was $440,300.

rev: 10_13_2014_QC_56635

1.

Required information

2.	What raw materials cost would be included in the companys flexible budget for March?