Sleeter Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: - Budgeted unit sales for April, May, June, and July are 7,500, 11,900. 10,800 , and 14,800 units, respectively. All sales are on credit. - The ending finished goods inventory equals 30% of the following month's sales. - Budgeted production for April, May, June, and July are 8,820, 11,570, 12,000, and 14,860 units, respectively. The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $5.00 per pound. The budgeted cost of raw material purchases for May is closest to: $455,100$559,230$410,750$350,970$347,100