Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 3.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: 23,600 units August September 22,300 units October November 24,900 units December 24,600 units 23,700 units The company wants to maintain monthly ending inventories of Juris!on equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,800 kilograms of Jurislon were on hand. The cost of Jurislon is $28 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is Multiple Choice $2,749,880 $2,419,480 $2,312,800 $2,848,160