Owen's Manufacturing uses gold in their production process.

Each product takes 0.5 ounce of gold per unit.
The cost of gold per ounce is $1,320
Owen's requires 10% of  the following month's production requirement to be held in ending inventory.
Selected quarterly production budget:

	October	November	December
Planned production in units	1240	1180	1200

1. What was the cost of gold purchased in November?
   $
   
   
2. If it takes 2.1 hours of direct labor to produce each unit, and Owen's cost per labor hour is $13, what is the amount that should be budgeted for direct labor in December?
   $