UNCL Materas rurchases budget Killingsworth Publishers Inc. budgeted production of 65,000 diaries in 2016. Paper is required to produce a diary. Assume 102 square yards of paper are required for each diary. The estimated January 1, 2016, paper inventory is 265,000 square yards. The desired December 31, 2016, paper inventory is 365,000 square yards. If paper costs $0.13 per square yard, determine the direct materials purchases budget for 2016. If required, round your final answer to the nearest dollar, Cred My Work 2 more Check My Work uses remaining Previous Next > All work saved. Save and Exit Submit Assignment for Grading