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Yummy Jams Company produces a line of jams. 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 jams. Yummy's estimated production of jars of jam for the fourth quarter of the year is as follows: Each jar 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 pays 50.60 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. How much cash is paid in November for berry purchases? (Round answer to the nearest doliar.) 1. $19,963 b. 521,088 c. 525,258 d. $28,900

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