Madrid Inc. has the following budgeted production in units for the next four months:

Units Produced

June 90,000

July 120,000

August 210,000

September 150,000

Two pounds of raw materials are required for each unit produced. Ending raw materials inventory should equal 30% of next month's production needs. Raw materials inventory on June 1st was 54,000 pounds. Total required raw material purchases in pounds for July are:

a.)294,000 b.) 366,000 c.)240,000 d.)158,000