Randy Arozena is the owner of a small business based in Tampa Bay, Florida that sells baseball bats. Each bat requires 2 pounds of wood. The following is a production schedule of bats for each month: August 14,000 units September 14,500 units October 15,500 units November 12,600 units December 11,900 units The company wants to maintain monthly ending inventories of wood equal to 25% of the following month's production needs. On July 31, this requirement was not met since only 2,500 pounds of wood were on hand. The cost of wood is $1.10 per pound. The company wants to prepare a Direct Materials Purchase Budget for the rest of the year. The value of Ending inventory for materials in November is: O $6,300 O $6,545 O $5,950 $6,930