Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 4.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:

August	23,700	units
September	22,400	units
October	23,800	units
November	25,000	units
December	24,700	units

The company wants to maintain monthly ending inventories of Jurislon equal to 25% of the following month's production needs. On July 31, this requirement was not met since only 11,900 kilograms of Jurislon were on hand. The cost of Jurislon is $18 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:

$2,373,300

$1,647,450

$2,159,100

$1,919,700