Abrams Bottling Company sells fruit-flavored colas. Estimated sales in cartons for May, June, and July are 1,000, 3,000 and 5,000 respectively. The price is forecast at $5 per carton. Abrams requires that finished goods ending inventory be 20% of the next month's sales. Inventory was 500 units on May 1. Each carton requires 12 ounces of fruit syrup. Materials ending inventory is 10% of the next month's production needs. May 1 inventory met that requirement. Budgeted revenue for May is Budgeted production in May is cartons. Budgeted purchases of syrup in May is ounces