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Jordan Company makes and sells a single product. It takes five pounds of direct materials to produce one unit of this product. The budgeted units to be produced for the next four months is given be low: September October November December Budgeted Units to be produced 31,900 units 22,400 units 26,100 units 34,600 units Jordan Company wants to maintain monthly ending inventori es of direct materials that are equal to 24% of the following month's production needs. The cost of direct materials is $2.75 per pound. Calculate the total cost of direct materials budgeted to be purchased in November Jordan Company makes and sells a single product. It takes five pounds of direct materials to produce one unit of this product. The budgeted units to be produced for the next four months is given be Low: September October November December Budgeted Units to be produced 31,900 units 22,400 units 26,100 units 34,600 units Jordan Company wants to maintain monthly ending inventori es of direct materials that are equal to 24% of the following month's production needs. The cost of direct materials is $2.75 per pound. Assume Jordan Company pays for 40% of a month's purchase of direct materials in the month of purchase and the other 60% is p aid in the following month. Calculate the amount of budgeted cash payments for direct materials in October