Budgeting: 6. Projected sales for Sommers' Corporation for next year and beginning and ending inventory data are as follows: Sales 50, units Opening inventory 4,000 units Desired ending inventory 8,000 units Selling price $40 per unit Each unit requires four pounds of material which costs $6 per pound. The beginning inventory of raw materials is 12,000 pounds. The company wants to have 3,000 pounds of material in inventory at the end of the year. Required: a) Calculate Sommers' budgeted sales for the period. (4 Marks) b) Based on Sommers' production budget, how many units should Sommers' produced? (6 Marks) c) Determine how many pounds of material Sommers would need to purchase. (6 Marks) d) What is Sommers' budgeted total purchase cost of direct materials? (4 Marks)