Thurston Products sells a popular style of running shoe. The company has prepared the following sales forecast for the second quarter of 2010:

April	80,000 pairs
May	100,000 pairs
June	130,000 pairs

Ending inventory at March 31, 2010 was budgeted at 5,000 pairs. Management would like the desired quantity of finished goods inventory at the end of each month to be equal to 6 percent of next month's budgeted unit sales. July's sales are projected to be 120,000 pairs. Each completed unit of finished product requires 1.5 pounds of rubber material at a cost of $.75 per pound. The company has determined that it needs 10 percent of next month's raw material needs on hand at the end of each month. Refer to the Thurston Products information above. The cost of the direct material that should be purchased in May is:

		$114,525
		$129,083
		$117,630
		$124,275