The standard cost assumptions for company, assuming a normal monthly capacity of 786 units, is as follows:

	Assumptions	Cost per unit
Direct Material	(1.9m @ $5.9/m)	$11.21
Direct Labour	(3.5 hours @ $15/hr)	$52.50
Variable overhead	(1.5 Mhrs @ $12/hr)	$18.00
Fixed overhead	(1.5 Mhrs @$3/hr)	$4.50
Total		$86.21

During the month, the actual units produced was 1,003 units. Calculate the flexible budget for total cost of direct materials?