A company forecasts the following production in units for the coming 3 months: A finished unit requires 2 feet of direct material Z at a cost of $5.00 per foot. The December 31 Raw Materials Inventory has 126 feet of Z Each month's ending Raw Materials Inventory should be 10% of the following month's production needs. The cost of the budgeted material feet to be purchased during January should be (round to the nearest whole dollar amount, i.e. $2,345.52 would be 2346 )