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Miami Solar manufactures solar panels for industrial use. The company budgets production of $5,200$ units

$($solar panels$)$ in July and $6,200$ units in August.

Each unit requires $2$ pounds of direct materials, which cost $$5$ per pound. The company's policy is to maintain direct materials

inventory equal to $40\%$ of the next month's direct materials requirement. As of June $30,$ the company has $4,160$ pounds of direct

materials in inventory. Prepare the direct materials budget for July.

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