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A company produces industrial rotors and provides the following additional information about steel, which is a direct material for the rotors: table [ [

A company produces industrial rotors and provides the following additional information about steel, which is a direct material for the rotors:
\table[[Pounds of steel needed per rotor,8 pounds],[Steel cost,$2.34? pound]]
At the end of each month, the company wants to have 30% of the raw materials that will be needed for the next month on hand. Budgeted rotor production for the next two months is:
\table[[November,13,000 rotors],[December,7,000 rotors]]
What will be the budgeted cost of steel purchases for November? (Round the final answer to the nearest dollars and cents and remember that your final answer should be a cost, not a number of pounds.)
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