ABC Company's budgeted sales for June, July, and August are 15,400, 19,400, and 17.400 units, respectively. ABC requires 30% of the next month's budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 4.620 units. Each unit that ABC Company produces uses 3 pounds of raw material ABC requires 25% of the next month's budgeted production as raw material inventory each month. Required: Calculate the number of pounds of raw material to be purchased in June. Number of pounds References ABC Company's budgeted sales for June, July, and August are 15,600. 19,600 and 17,600 units respectively. The following cost behavior patterns are budgeted for ABC Company's operating expenses each month Fixed costs: salaries, $3,800, rent, $6,800, depreciation, $4,200, advertising. $5,000 Mixed costs: utilities, $4,800 + $0.50 per unit Variable costs per unit sold: sales commissions, $3.80: marketing promotions, $280, supplies, $0.75; bad debt expense. $0.45 Required: Prepare ABC Company's operating expense budget for June, July, and August June July August Variable operating expenses Sales commissions Marketing promotions Supplies Bad debts expense Utilities Total variable expense Foed operating expenses: Salaries Rent Depreciation Advertising Utilities Total foced expense Budgeted operating expense