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Castil Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.6 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for

Castil Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.6 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August 19,800 units September 20,600 units October 20,500 units November 21,100 units December 20,800 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 9,600 kilograms of Jurislon were on hand. The cost of Jurislon is $5.5 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: $293,150 $303,985 $366,437.5 $419,237.5 PLEASE SHOW WoRk

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