Question: Swift Company makes units, and each unit requires 2 pounds of material at $2 per pound. 500 and 600 units will be built in May

Swift Company makes units, and each unit requires 2 pounds of material at $2 per pound. 500 and 600 units will be built in May and June, respectively. Jonas keeps material on hand at 10% of the next month's production needs. How much is the material cost for May's output?

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