Sandhill Ltd, estimates sales for the second quarter of 2022 will be as follows: The target ending inventory of finished products is as follows. Two units of inaterials are required for each unit of finished product. Production for July is estimated at 2.610 units to start building inventory for the fall sales period. Sandhill's policy is to have an inventory of raw materials at the end of each monthequal to 50 of the following month's production requirements. Raw materials are expected to cost $4 per unit throughout the period. Calcuhate the May raw materials purchases in dollars. Rawmaterial purchuses cost