$!$

Required information

$[$The following information applies to the questions displayed below.$]$

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 $$11$ per pound Direct labor: $3$ hours at $$12$ per hour Variable overhead: $3$ hours at $$7$ per hour Total standard cost per unit

$$5$$

$36$

$21$

$$112$

The planning budget for March was based on producing and selling $21,000$ units. However, during March the company actually produced and sold $26,600$ units and incurred the following costs:

a$.$ Purchased $154,000$ pounds of raw materials at a cost of $$9\mathrm{.}50$ per pound. All of this material was used in production.

b$.$ Direct laborers worked $63,000$ hours at a rate of $$13$ per hour.

c$.$ Total variable manufacturing overhead for the month was $$510,930.$

Required:

What raw materials cost would be included in the company's planning budget for March?