Use this information for Mandy Corporation to answer the question that follows. Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 603,000 units, estimated beginning inventory is 100,000 units, and desired ending inventory is 84,000 units. The quantities of direct materials expected to be used for each unit of finished product are as follows: Material A: 0.50lb. per unit (i) $0.63 per pound Material B: 1.00lb, per unit it $2.28 per pound Material C: 1.20lb. per unit it $1.26 per pound The dollar amount of Material C to be used in production during the year is