Nered Question 5 0 / 1 pts Sunrise Poles manufactures hiking poles and is planning on producing 2,828 units in March and 2,642 in April. Each pole requires a half pound of material, which costs $1.55 per pound. The company's policy is to have enough material on hand to equal 7% of the next month's production needs and to maintain a finished goods inventory equal to 28% of the next month's production needs. What is the budgeted cost of purchases for March? Round to the nearest penny, two decimal places. swered Answer 2,151.34 margin of error +/-0.02