The Hottie Patties Company is preparing a budget for its upcoming month, assuming 4 weeks in a month. The store is expected remain open for 6 days. The seventh day is allowed for socializing for the employees and management. The following information is obtained: Expected sales per day is 400 patties Expected selling price $2.00 per pattie Materials are purchased every day in accordance with the number of patties produced every day. The management wishes to have sufficient raw material in hand at the end of each day to produce at least 600 patties. The cost of raw materials per pattie is budgeted at $0.75 per pattie. What is the budgeted cost of raw materials purchased for the first week, assuming on the first day of the week there was enough raw materials to produce 200 patties? a. $1,950 b. $1,850 c. $2,100 d. $2,400