Franklin Company's budgeted production calls for 65.000 liters in April and 61,000 iters in May of a key raw material that costs $2.00 per liter. Each month's ending raw materials Inventory should equal 25% of the following month's budgeted materials. The April 1 inventory for this material is 16.250 liters. What is the budgeted materials need in liters for April Multiple Choice 67000 liter 48,750 liters 80.250 liters 64,000 Mers 65.000 liters