Morganton company makes one product and it provided the following information to help prepare the Mestic budget the budget selling price per unit is $60 budgeted unit sales for June July August and September are 98,000 29,000 31,030 2000 units respectively all sales are on credit be 30% of credit sales are collected in the month of the sale and 70% in the following month CThe ending finished goods inventory equals 20% of the following months unit salesD the Indian raw material inventory equals 10% of the following months raw material production leads each unit of finished goods require 4 pounds of raw material the wrong material cost two dollars and 50 Cent per pound E 30% of all 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 a finished goods are required two direct labor hours G the variable selling and administrative expense per unit sold is $1.80 the big selling and administrative expense per month is 68,000If 124 800 pounds of raw material I needed to meet production in August how many pounds of raw materials should be purchased in July