Ingredient $A12H$ is a material used to make Calvin Corporation's major product. The standard cost of Ingredient $A12H$ is $$35\mathrm{.}00$ per ounce and the standard quantity is $3\mathrm{.}8$ ounces per unit of output. Data concerning the compound for October appear below:

$\backslash$table$[[$Cost of material purchased in October,$$35\mathrm{.}10$ per ounce$],[$Material purchased in October,$2,900$ ounces$],[$Material used in production in October,$2,240$ ounces$],[$Actual output in October,$720$ units$]]$

The material was purchased on account and Calvin Corporation uses a standard costing system.

The credit to the Materials Inventory account for October would total: