Coral Corporation sells a single product. Budgeted sales for the year are anticipated to be 650,000 units, estimated beginning inventory is 99,000 units, and desired ending inventory is 85,000 units. The quantities of direct materials expected to be used for each unit of finished product are as follows: Material Unit Amount Material A 0.50 lb. per unit @ $0.60 per pound Material B 1.00 lb. per unit @ $1.70 per pound Material C 1.20 lb. per unit @ $1.00 per pound The amount of direct material B purchased during the year is _____. a. $1,057,400 b. $1,081,200 c. $954,000 d. $763,000