The company's production budget is: Required production (units) May 4,000 June 6,000 July 5,500 August 5,000 Three feet of raw materials are needed for each unit produced. The company's ending raw materials inventory is 2,000 feet plus 10% of the next month's expected needs. The raw material costs $4.50 per foot. What is the value of raw material that will be purchased for June? Multiple Choice O $74,250 $80,325 $81,000 $73,575