Question 5 1 pts The Rand Company spends $55 on raw materials for every skateboard they make. At the start of the month, Rand had enough raw materials in stock to build 207 skateboards. The production schedule for the month is anticipating the production of 2100 skateboards. The purchasing department, in coordination with the production department has determined that they want enough direct materials in ending inventory to make 529 skateboards. How much will Rand spend on material during the month? Your answer should be to the nearest whole dollar