Morganton company makes one product and it provided the following information to help bad the master budget a. The budgeted selling price per unit is $60 budgeted unit sales for June July August and September are 9800, 29,000, 31,000, and 32,000 units respectively all sales are on credit. b. 30% of credit sales are collected in the month of the sale and 70% in the following month see the end and finished goods inventory equals 20%All the following months unit sales D. The ending raw materials Inventory equals 10% of the following months raw material production needs each unit of finished goods requires 4 pounds of raw materials the raw Material cost two dollars and 50 Cent per pound E. thrithy percent of raw material Purchases are paid for in the month of purchase and 70% in the following month F the direct Labor wage rate is $15 per hour each unit of finished is goodRequires to direct labor hours G the variable selling administrative expense per unit sold is $1.80 the Fix selling and administrative expense per month is 68,000. if 124,800 pounds of raw material are needed to meet production in August how mant pounds of raw material should be purchased in july?