ocr: Materials Usage Budget Material A Material B Production Requirements 650000 455000 Closing Stock 5,000 3,500 655000 458500 Opening Stock 6,000 2,800 Budgeted Purchases 649,000 455,700 Price per Kg. E 2.00 £ 3.00 Budgeted Cost - 1,298,000 E - 1,367,100 Total Budgeted Purchases Cost E2,665,100