$\begin{array}{ll}\text { October } & 75,000 \\\text { November } & 98,000 \\\text { December } & 63,000\end{array}$

$\begin{array}{ll}\text { October } & 75,000 \\\text { November } & 98,000 \\\text { December } & 63,000\end{array}$ 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's pays $0.60 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.
-Refer to Figure 9-9. What is the dollar cost of purchases for October?

A) $19,925
B) $22,707
C) $18,450
D) $23,300
E) $33,320

Correct Answer:

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