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Sheffield Corp. determines that 60000 pounds of direct materials are needed for production in July. There are 3800 pounds of direct materials on hand at

Sheffield Corp. determines that 60000 pounds of direct materials are needed for production in July. There are 3800 pounds of direct materials on hand at July 1 and the desired ending inventory is 3400 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases?

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