Masterson Company's budgeted production calls for 75,000 units in April and 71,000 units in May of a key raw material that costs $1.75 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 22,500 units. What is the budgeted materials purchases for April?

Multiple Choice

$134,050.

$129,150.

$131,250

$91,875

$168,525