oblem 4 he budget components for Park Company for the quarter ended June 30 appear below. Park sells rash cans for $12 each. Budgeted sales and production for the next three months are: Sales 20,000 units 50,000 units 30,000 units Production 26,000 units 46,000 units 29,000 units April May June Park desires to have trash cans on hand at the end of each month equal to 20 percent of the following month's budgeted sales in units. On March 31, Park had 4,000 completed units on hand. Five pounds of plastic are required for each trash can. At the end of each month, Park desires to have 10 percent of the following month's production material needs on hand. At March 31, Park had 13,000 pounds of plastic on hand. The materials used in production cost $0.60 per pound. Each trash can produced requires 0.10 hours of direct labor. Instructions Determine how much the materials purchases budget will be for the month ending April 30