Baugus Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During August, the company budgeted for 6,900 units, but its actual level of activity was 6,950 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for August: 
-The direct materials in the flexible budget for August would be closest to:
Definitions:
Asset Turnover
A metric that assesses how effectively a company utilizes its assets to produce sales income.
Interest Burden
A financial metric that measures the portion of a company's earnings that is used to pay interest on its debt.
P/E Multiples
A relative valuation metric used to compare the price of a company's shares relative to its earnings per share.
Book Value
Book value is the net value of a company's assets minus its liabilities, as recorded on the balance sheet, often used to assess if a stock is under or overvalued by comparing to its market value.
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