A company's direct materials budget shows the following cost of materials to be purchased for the coming three months: $7,435. The budgeted cash payments for materials in March are: Multiple Choice $8,850. $12,505. $8,930. $8,158. $8,340. A company's budgeted production calls for 75,000 pounds in April and 71,000 pounds in May of a key raw material that costs $1.75 per pound. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 22,500 pounds. What are the budgeted materials need in pounds for April? Multiple Choice 96,300 pounds. 52,500 pounds. 76,600 pounds. 75,000 pounds. 73,800 pounds