Lehong $($Pty$)$ Ltd is preparing its April $2024$ raw material $($pine wood$)$ purchase budget for the manufacturing of their table product only. You have received the following information:

Pinewood's price in March $2024$ is R$5000$ per m$^3$ and it is budgeted that it will increase by $5\%$ in April $2024.$

The expected total sales for April $2024$ and May $2024$ are $700$ tables, and $850$ tables respectively.

A table required $0,8$ m$^3$ of pine wood.

For April $2024$ the opening pine wood inventory is $8$ m$^3$ and the target month$-$end inventory is $12$ m$^3.$

There was no opening finished goods inventory on the $1$st of April $2024.$ The target month$-$end finished goods inventory level is $20$ tables plus $10\%$ of May $2024$ budgeted sales.

For this question only assume that the total required pinewood is $500$m$^3.$ The total budgeted purchase cost for April $2024$ is:

Select one:

a$.$

R$2500000$

b$.$

R$2625000$

c$.$

R$2631579$

d$.$

R$2375000$

e$.$

None of the options