(5 marks) Case (2): Dubai Enterprises production budget indicates the following required production. (CLO1) 60,000 May ...... 75,000 June ...... 90,000 July ..... ...sec 81,000 Dubai Enterprises product requires 5 Kgs of certain material per unit. Streuling's board of directors has established a policy that the inventory at the end of each month should contain 40% of materials required for the following month. The inventory of Dubai Enterprise on hand on April 1" will be 120,000 Kgs. The materials cost $0.3 per Kg. Required: 1. Prepare the raw material budget for April and May. Operating Work (or Solution): April May June Production, in units .......... Materials (5 Kgs per unit) Total needs......... . .. ....... Add: Ending Inventory (40%) Less: Beginning Inventory ........ Purchases Price (per Kg)