Question 1.7 4 points London Inc. has the following budgeted sales in units for the next four months: Unit Sales 90,000 120,000 210,000 June July August September 150,000 Ending finished goods inventory should equal 20% of next month's budgeted sales and there were 18,000 units of finished goods in inventory on June 1st. The required production in units for the month of August is: 210,000 O 240,000 O 198,000 O 168,000 Question 1.8 4 points Madrid Inc. has the following budgeted production in units for the next four months: Units Produced 90,000 120,000 210,000 150,000 June July August September Two pounds of raw materials are required for each unit produced. Ending raw materials inventory should equal 30% of next month's production needs. Raw materials inventory on June 1st was 54,000 pounds. Total required raw material purchases in pounds for July are: O 366,000 O 294,000 O 158,000 240,000