A company's production budget Indicates the following production requirements: October, 212,000 units; November 177,000 units, and December, 112,000 units. Each unit of finished goods requires 4 pounds of raw materials that cost $1.50 per pound. The company maintains raw materials Inventory equal to 25% of the next month's production requirements. The company pays for 40% of its raw material purchases in the month of purchase. The remainder is paid the next month. The company's accounts payable balance at the end of November is closest to: Multiple Choice 5578,700. $504,455 $783,612 $690,276