Ruiz Co. provides the following sales forecast for the next four months: April May June July 780 Sales (units) 660 740 690 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 264 units. Assume July's budgeted production is 690 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 554 pounds. Assume direct materials cost $4 per pound