There were 24,000 units of finished goods in inventory at the beginning of July. Plans are to have an inventory of finished products that equal 20 percent of the unit sales for the next month. Five kilograms of materials are required for each unit produced. Each kilogram of material costs $8. Inventory levels for materials are equal to 30 percent of the needs for the next month. Materials inventory on June 1 was 207,000 kilograms. Required: a. Prepare production budgets in units for the month of August. b. Prepare a purchases budget in kilograms for August, and give total purchases in both kilograms and dollars for each month