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Mate Boomerang Corporation manufactures and sells plastic boomerangs. Expected boomerang, sales (in units) for the upcoming months are as follows: July Aug. Sept. Oct. Nov. Dec. Budgeted unit sales 12,000 15,000 10,000 8,000 7,000 11.000 Mate likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales. Seven ounces of plastic resin are needed to produce every boomerang. Mate likes to have enough plastic resin on hand at the end of the month to cover 25% of the next month's production requirements. Required: How many ounces of plastic resin should Mate plan on purchasing during the month of October? Production Budget: October November December Budgeted unit sales Add desired ending finished goods inventory (10% x 7,000; 10% x 11,000) Total needs Less beginning finished goods inventory (10% x 8,000; 10% x 7,000) Required production in units Direct Materials Budget: October November Required production in units Raw materials required per unit Raw materials needed to meet the production Add desired ending raw materials inventory (25% x 51,800) Total raw materials needs Less beginning raw materials inventory (25% x 55,300) Raw materials to be purchased