Production of Product B has been budgeted at 2,000, 1,800, 1,600, and 1,700 units for October, November, December, and January, respectively. One unit of Product B requires 2 pounds of raw material at $5 per pound. Required ending inventory for raw materials is 25% of the next month's demand. Raw material inventory at 9/30 is 1,000 pounds. 70% of material purchases is paid in the month of purchase, with the remaining 30% paid in the month after purchase. The A/P balance at 9/30 is $5,400. How many pounds of material is budgeted to be purchased during the last quarter of the year?

a.9,950

b.

10,500

c.

10,650

d.

10,800

Budgeted payment of A/P during the last quarter is?

a.$48,375

b.

$53,250

c.

$53,775

d.

$58,650

Budgeted ending balance of A/P at 12/31 is

a.$4,063

b.

$4,875

c.

$5,400

d.

$11,375