The date is the 1st January 2020. Cuckston Ltd is developing the materials cost budget for the year 2021, during which they anticipate manufacturing and selling 7,500 units. It currently produces 7,000 units per year. Each unit requires 6kg of material to build. The current cost of material is 15 per kg, A 5% increase on the cost of materials has already been agreed with suppliers, and this is due to come in on the 1st January 2021. Using this data, what would be the materials budget for 20207 [630,000 675,000 708,750 E661,500