Toronto Ltd. manufactures picture frames. Sales for December are expected to be 10,000 units of various sizes. Historically, the average

frame requires four metres of framing, one square metre of glass, and two square metres of backing. Beginning inventory includes 1,500 metre

of framing, 500 square metres of glass, and 500 square metres of backing. Current prices are $0.30 per metre of framing, $6.00 per square metre of

glass, and $2.25 per square metre of backing. Ending inventory should be 150% of beginning inventory. Purchases are paid for in the month

acquired.