The budget components for Ayayai Company for the quarter ended June 30 appear below. Ayayai sells high performance coolers for $120 each. Budgeted sales and production for the next three months are: Sales Production April 20,000 units 25,000 units May 49,000 units 45,000 units June 30,000 units 28,000 units Ayayai desires to have coolers on hand at the end of each month equal to 20 percent of the following month's budgeted sales in units. On March 31, Ayayai had 4,000 completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Ayayai desires to have 10 percent of the following month's production material needs on hand. At March 31, Ayayai had 12,500 pounds of plastic on hand. The materials used in production cost $0.50 per pound. The production of each cooler requires 0.10 hours of direct labor. Determine the budgeted cost of direct materials purchases for the month of April. Budgeted cost of direct materials purchases for April $