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Sherman has budgeted sales for the upcoming quarter as follows: April: 1 , 6 0 0 units May: 1 , 9 0 0 units June:

Sherman has budgeted sales for the upcoming quarter as follows:
April: 1,600 units
May: 1,900 units
June: 1,750 units
The desired ending finished goods inventory for each month is one-half of next month's budgeted sales. Three pounds of direct material are required for each unit produced. If direct material costs $5 per pound, and must be paid for in the month of purchase, the budgeted direct materials purchases (in dollars) for May are:
$1,975
$9,875
$27,750
$13,875

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