Madridista Inc makes one product. July 8,500 August 9,000 September 13,900 October 11,100 Budgeted unit sales The ending finished goods inventory equals 40% of the following month's sales. The ending raw materials inventory equals 15% of the following month's raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $2.75 per pound. If 76,680 pounds of raw materials are required for production in September, then the budgeted cost of raw material purchases for August is closest to: Niko Tech is working on its cash budget for March. The budgeted beginning cash balance is $39,000. Budgeted cash receipts total $181,000 and budgeted cash disbursements total $181,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for March, the company needs to borrow