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Jason Manufacturing has the following information: Expected units to produce in March Expected units to produce in April Budgeted direct materials cost per yard 3,000 units 4,000 units Budgeted direct materials needed per unit 4 yards Raw Materials Inventory balance on March 1 (all direct materials) 1,100 yards 16% of next month's Budgeted direct materials cost per yard Budgeted direct materials needed per unit Raw Materials Inventory balance on March 1 (all direct materials) 1,100 yards 16% of next month's Desired ending balance in Raw Materials Inventory at the end of each direct materials needed month for production The amount of indirect materials needed for production has been determined to be insignificant and will therefore not be considered in the calculation. What is the cost of the budgeted purchases of direct materials needed for March