Hesterman Corporation makes one product and has provided the following information to help propare the master budget for the next four months of operations Credit sales are colected 40% in the month of the sale 60% in the following merth The ending finished goods inventory should equal 40% of the following mont's sales. The ending raw materials itvontory should equal 20% of the folowing monetis raw materials producton needs II 39,720 pounds of raw malerials are requied for production in .hune, then the budgeted cost of raw material purchases for May is closest to Select one a. 5104760 b. $145224 c. 5101,160 d 5124992