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Sheridan Company is planning to sell 1 3 0 0 boxes of ceramic tile, with production estimated at 1 2 7 0 boxes during May.

Sheridan Company is planning to sell 1300 boxes of ceramic tile, with production estimated at 1270 boxes during May. Each box of tile required 42 pounds of clay mix and a 0.25 hour of direct labor. Clay mix costs $0.50 per pound and employees of the company are paid $13 per hours. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Sheridan has 3900 pounds of clay mix in beginning inventory and wants to have 5200 pounds in ending inventory.
What is the budgeted amount of direct materials to be purchased (in pounds) for the month?
a)53340
b)55900
c)54640
d)52040

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