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9. Assume the sales budget for April and May is 30,000 units and 32,000 anits, respectively. Beginning raw material inventory for April is the same

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9. Assume the sales budget for April and May is 30,000 units and 32,000 anits, respectively. Beginning raw material inventory for April is the same two months is 27,000 units and 28,800 units, respectively. Beginning raw and costs $3/lb. The company alwa 16,200 pounds. Each unit of finished goods required 4 pounds of raw materials and maintains raw materials inventory equal to 15% of the following month's production needs. What is the budgeted cost of RM purchases for April? 10. Assume a merchandising company provides the following information from its master budget for the month of Ma If the company wishes to maintain a minimum cash balance of $30,000 how much will it have to borrow

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