Production estimates for August are as follows:
- Estimated inventory (units), August 1 12,000
- Desired inventory (units), August 31 9,000
- Expected Sales volume (units), August 75,000
For each unit produced, the direct materials requirement are as follows:
Direct Material A ($5 per lb) 3 lbs
Direct Material B ($18 per lb) 1/2 lb
The number of pounds of matierials A and B required for August production are? The total direct materials purchases (assuming no beginning or ending inventory of material) of materials A and B required for August production are?