Consider the following information from the sales budget (Sales in units) Sales Oct 6,000 Nov 18.000 Dec 16,000 Mar Jan 8,500 Feb 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. $80,544 $85,440 $87,360 $90,336 None of the other answers are correct