Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 260 units in July and 430 units in August. Each unit requires 14 feet of wood at a cost of $0.90 per foot. Preston wants to always have 290 feet of wood on hand in materials inventory.

Compute Prestons raw materials purchases budget for July and August.

July August Budgeted Raw Materials Purchases