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The Barry Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: a. Budgeted unit sales for April, May, June and July are 7,500, 11,900, 10,800, and 14,800 units, respectively. All sales are on credit. b. The ending finished goods inventory equals 30% of the following month's sales. c. The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $5.00 per pound. If 72,000 pounds of raw materials are required for production in June, then the budgeted cost of raw material purchases for May is: 0 $455,100 $350.970 $559,230 $347,100 Garrett Corporation has budgeted unit sales for August and September are 11,100 and 12,600 units, respectively. The ending finished goods inventory equals 40% of the following month's sales. The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 2.5 direct labor-hours. The estimated direct labor cost for August is: $210,900 $222,300 $555,750 $389,000