1. (2 points) Doanne Food Processing expects to have 36,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July, inclusive: April May June July 120,000 130,000 140,000 120,000 At the end of each month the firm desires its ending raw material inventory to be 10% of the next month's production needs. Each finished unit requires 2 pounds of raw materials. What are Doanne's budgeted purchases for raw materials (in pounds) during April? Budgeted