150 Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit requires 4 pounds of raw material K, which costs $5 per pound. Each month's ending inventory of raw materials should be 20% of the following month's budgeted production. The June 1 raw materials inventory has 320 pounds of raw material K. Compute budgeted cost of purchases for raw material K for June Skipped Multiple Choice $6,600. $8,040. $8,000. $8,200. $8,100