Part 7 Purchases Budget (20 points) EKAHAEBH Company is now in the process of preparing a purchases budget for May and Junee Tho pounds of material are required for each finished unite. The inventory of materials at the end of each month should equal 30% of the following month's production needs. The following are budgeted data: April May June July Production [units] 10,000 20,000 25,000 30,000 Required: In good form, complete the purchases budget for May and June. Show some work to receive full credit. EKAHAEBH Company Purchases Budget for the months of June May Units of Raw Materials Needed to meet production Desired units of ending raw materials inventory Units of beginning raw materials inventory Units of Raw Material to be purchased