Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 5.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August September October November December 23,800 units 22,500 units 23,900 units 25,100 units 24,800 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 12,000 kilograms of Jurision were on hand. The cost of Jurislon is $19 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurision to be purchased in August is: Multiple Choice 0 $1,758,260 0 $2,487,100 0 $2,957,350