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Answer:
Total Purchases(in $) 109,230
Explanation:
The computation of the budgeted material purchase is shown below;
Budgeted Production (in units) 67,000
Add:-Desired Ending Inventory (20% of 63,000) (in units) 12,600
Total needed (in units) 79,600
Less:-Opening Inventory (in units) 13,400
Total Purchases (in units) 66,200
Price per unit(in $) 1.65
Total Purchases(in $) 109,230
Hence, the same would be relevant