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A company forecasts the following production in units for the coming 3 months: 3 Months Production Budget Jan. Feb. Mar. Units to Produce 430 441

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A company forecasts the following production in units for the coming 3 months: 3 Months Production Budget Jan. Feb. Mar. Units to Produce 430 441 490 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 166 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)

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