The following facts are known: · the total pounds needed for production are 2 times the units to be produced. · the desired ending direct materials inventory is 20% of the total pounds needed for production. · the beginning direct materials inventory is equal in number to 10% of the units to be produced. · cost per pound is p10. · total cost of the direct materials purchases is p1,610,000. How much is the total direct materials purchases budget for the period?.