Fractive, Inc. is building its quarterly forecast. It expects sales volume for the following 5 months to beJulyAugustSeptemberOctoberNovember20.00015.00018.00020,00019.000Fractive, also used statistical analysis to build the following Standard Cost Sheet:DMDLVMOHFMOH4 kg4 dlh1mhr1 mhr@@@(a$2.0025.0075.0025.00$8.00100.0075.0025.00Fractive has policies of having ending inventory of finished goods at 15% of the following period'sexpected sales volume and having ending inventory of direct materials at 10% of the following period'sexpected usage. Beginning Inventory for finished goods is 500 units and direct materials is 500kg. Whatdoes Fractive expect total direct materials purchases (in dollars) to be in August?

17. Fractive, Inc. is building its quarterly forecast. It expects sales volume for the following 5 months to be July 20,000 August 15,000 September 18,000 October 20,000 November 19,000 Fractive also used statistical analysis to build the following Standard Cost Sheet: DM 4 kg @ $2.00 $8.00 DL 4 dlh @ 25.00 100.00 VMOH 1 mhr @ 75.00 75.00 FMOH 1 mhr @ 25.00 25.00 Fractive has policies of having ending inventory of finished goods at 15% of the following period's expected sales volume and having ending inventory of direct materials at 10% of the following period's expected usage. Beginning Inventory for finished goods is 500 units and direct materials is 500kg. What does Fractive expect total direct materials purchases (in dollars) to be in August