Boben Corporation makes one product. Below is budgeted production (in units) for the third quarter of the year. UCE July 12,000 August 14,000 September 15,000 Budgeted production Each unit requires 7 pounds of raw materials, at a cost of $1.50 per pound. Assuming Boben desires to maintain an ending raw materials inventory equal to 20% of the following month's production needs how many pounds of raw materials does Boben need to purchase in August? Multiple Choice 119,000 pounds 99,400 pounds 98,000 pounds O 78,400 pounds