ABC Company's budgeted sales for June, July, and August are n12,400, 16,400, and 14,400 units, respectively. ABC requires 30% of the following month's budgeted unit sales as finished goods inventory each month. The budget ending finished goods inventory for May is 3720 units. Each unit that ABC company produces uses 3 pounds of raw material. ABC requires 25% of the next month's budget production as raw material inventory each month to calculate the number of pounds of raw material to be purchased in june