Question 25 Crystal Inc. developed standard costs for direct material and direct labor. In 2020, Crystal estimated the following standard costs for one of their major products, calibration instrument: Budgeted quantity Direct materials 0.70 pounds Direct labor 0.10 hours The variance report shows the following: Direct Materials Price Variance $8,000 (debit) Direct Materials Efficiency Variance $7,000 (debit) Direct Manufacturing Labor Price Variance $660 (debit) Budgeted price $70 per pound $35 per hour Direct Manufacturing Labor Efficiency Variance Total Direct Manufacturing Labor Wages Payable $700 (debit) $8,360 Total Accounts Payable for Direct Material purchases $120,000 Crystal made 2,000 units of calibration instrument during 2020. What were total amount of direct materials purchased? 3 pts