Cowles Corporation, Inc, makes and sells a single product, Product R. Three yards of Materials K are needed to make one unit of Product R. Budgeted production R for the next five months is as follows: The company wants to maintain monthly ending inventories of Material K equal to 30% of the following month's production needs. On July 31, this requirement was not met because only 3, 500 yards of Material K were on hand. The cost of Material K is 50.80 per yard. The company wants to prepare a Direct Materials Purchase Budget for the rest of the year. The total needs (i.e., production requirements plus desired ending inventory) of Material K for November are: 40, 800 yards 44, 940 yards 37, 380 yards 52, 410 yards