Jim-bob Co. had the following inventory balances at the beginning and end of April:

	April 1	April 30
Raw Materials	$20,000	$18,000
Finished Goods	$45,000	$50,000
Work in Process	$12,000	$10,00

During April, $40,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was a dollar for each direct labour dollar, and it paid its direct labour workers $25 per hour. A total of 150 hours of direct labour time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $4,700 of direct materials cost. The Company incurred $28,000 of actual manufacturing overhead cost during the month and applied $26,000 in manufacturing overhead cost.

The raw materials purchased during April totaled:

		$36,000.
		$38,000
		$42,000.
		$45,000.