Preparing a materials budget. Refer to the data on Algon given in Exercises 1, 2, and 3. Prepare a materials purchases budget for Algon, assuming that the beginning inventory consists of 40,000 pounds of Compound X; 20,000 pounds of filler; 20,000 pounds of Compound Y; and 80,000 packages. The firm wants to increase the quantity of each type of raw material in the ending inventory by 6 percent above the beginning inventory. Round to the nearest dollar.