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Yummy Jams Company produces a line of arms. Yummy's estimated production of Jars of jam for the fourth quarter of the year is as follows:

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Yummy Jams Company produces a line of arms. Yummy's estimated production of Jars of jam for the fourth quarter of the year is as follows: October November December 75,000 98,000 63,000 Each ar requires half a pound of berries. Yummy prefers to buy the freshest berries, so its policy is to have just 3% of the following month's production needs in ending inventory, On October 1, the company had 1,125 pounds of berries in inventory. Yummy's pays $0.60 per pound of berries. It buys all berries on account and typically pays 40% of a month's purchases in that month, and the remaining 60% the following month. What is the dollar cost of purchases for October? a $18,450 b. $33,320 C$19,925 d. $23,300 Ce. $22,707

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