Use the following to answer questions 19-20: Northwest manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $360 per ounce; the company maintains an ending platinum inventory equal to 10% of the following month's production usage. The following data were taken from the most recent quarterly production budget: July August September Planned production in units 1,000 1,100 980 19. The cost of platinum to be purchased to support August production is: A. $195,840. B. $198,000. C. $200,160. D. $391,680. E. None of the above. 20. If it takes two direct labor hours to produce each unit and Northwest's cost per labor hour is $15, direct labor cost for August would be budgeted at: A. $16,500. B. $31,200. C. $33,000. D. $34,800. E. None of the above