Masterson Company's budgeted production calls for 74,000 units in April and 70,000 units in May of a key raw material that costs $2.00 per unit. 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 18,500 units. What is the budgeted materials purchases for April? Multiple Choice $152,000. O $146,000. O $148,000 $148.000 O $11.000 $111,000