$[$The following information applies to the questions displayed below.$]$

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct

labor$-$hours and its standard cost card per unit is as follows:

The planning budget for March was based on producing and selling $26,000$ units. However, during March the company

actually produced and sold $31,000$ units and incurred the following costs:

a$.$ Purchased $155,000$ pounds of raw materials at a cost of $$7\mathrm{.}20$ per pound. All of this material was used in production.

b$.$ Direct laborers worked $56,000$ hours at a rate of $$16$ per hour.

c$.$ Total variable manufacturing overhead for the month was $$524,720.$

Foundational $10-2($Algo$)$

What raw materials cost would be included in the company's flexible budget for March?

Answer is complete but not entirely correct.Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor$-$hours and its standard cost card per unit is as follows:

Direct materials: $4$ pounds at $$9$ per pound $ $36$

Direct labor: $3$ hours at $$15$ per hour $45$

Variable overhead: $3$ hours at $$6$ per hour $18$

Total standard cost per unit $ $99$

The planning budget for March was based on producing and selling $26,000$ units. However, during March the company actually produced and sold $31,000$ units and incurred the following costs:

Purchased $155,000$ pounds of raw materials at a cost of $$7\mathrm{.}20$ per pound. All of this material was used in production.

Direct laborers worked $56,000$ hours at a rate of $$16$ per hour.

Total variable manufacturing overhead for the month was $$524,720.$

Foundational $10-2($Algo$)$

$2.$ What raw materials cost would be included in the company$$s flexible budget for March?