Compute the cost of material purchased in November

Consider the following information from the sales budget (Sales in units) Oct Nov Dec Mar Sales Jan Feb 6,000 18,000 16,000 8.500 8,000 5,000 Additional information: Sales price: $8.00; Credit sales = 80.0% of total sales Ending inventory requirements: Production budget = 40.0%; Purchases budget = 10.0% Material required for each product = 6.0 kilograms of recycled aluminum; the price per kilogram of recycled aluminum = $0.80 Compute the cost of material purchased in November. O $74,496 $80,544 $82,560 $85,440