TB MC Qu. 8-176 Caspion Corporation makes and sells a ... Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of the raw material Jurision. Budgeted production of Miniwarps for the next five months is as follows: August 22,600 units September 21,300 units October 22,700 units November 23,900 units December 23, 600 units The company wants to maintain monthly ending inventories of Jurision equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 10,800 kilograms of Jurision were on hand. The cost of Jurision is $18.00 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurision to be purchased in August is: Multiple Choice $1,017,000 O $1,014,300 O $1,208,700 O $1,839,600