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Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 570 units in July and 600 units in August.

Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 570 units in July and 600 units in August. Each unit requires 3 feet of wood at a cost of $1.9 per foot. Preston wants to always have 20% of the next months required feet of wood on hand in materials inventory. What is Prestons raw materials purchases budget for July?

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