Question 9 (4 points) Al's Aprons Ltd. produces aprons. The production budget for 2022 and the beginning and ending inventory data are as follows: 2023 2022 1 2. 3 (Jan-Mar) (Apr - Jun) (Jul - Sep) Quarter 4 (Oct-Dec) 1 (Jan - Mar) 30,000 33,000 38,000 35,000 36,000 Estimated production (units) Jan 01, 2022 beginning material inventory (m) 5,000 Each apron requires 1.5 meters of material that costs $5.00 per meter. The company wants to have 7,500 meters of material on hand at the end of each quarter. 1) What is the budgeted cost of direct material for the fourth quarter of 2022