Jean$-$Pierre makes Spins which sell for $$5,000$ each. Since each Spin only takes one hour to assemble,

there is essentially no work$-$in$-$process inventory.

Each Spin should use $4$ pounds of BS at an expected cost of $$300$ per pound.

Each Spin should incur one direct labor hour at an expected cost of $$200$ per DLH$.$

Overhead is budgeted $($and applied$)$ at $$500$ per DLH$.$

Inventory balances are as follows $($Jean$-$Pierre uses FIFO inventory cost flow assumption$)$:

BS inventory

$1/1/2024$

Units

Dollars

$1\mathrm{.}000$

$$250,000$

$12/31/2024$

$900$

$<$ Budgeted

Finished Spins

$1/1/2024$

$1\mathrm{.}000$ $$1,750,000$

$12/31/2024$

$1\mathrm{.}100$

During $2024($the entire year$)$ Jean$-$Pierre expects to sell $12,000$ Spins.

$1.$ What is the budgeted cost of BS purchased for $2024?$