Budgeting Production and Raw-Materal Purcnases ( LOO 83,86) of 51.15 per pound. There are 700,000 pounde of raw matenal in inventery on luse 30 . Required: 1. Compute the company's total required prodoction in units of finisbed prodect for the entite three-moeth period endieg Septeeber 30 . 2. Independent of your anawer to requirement 1 , assume the company plans to produce 600,000 units of finished product in the dute--moeth yeriod ending 5 cplembe 30 , and to have raw inatrial inventory oo hand at the end of the three month period equal to 25 percent of the we in that period. Compule the total eitimated cost of taw material purchase for the entire three aonth period coding Septeniter 10 (CUA, adacked)