Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unt requires 4 pounds of raw material K, which costs $5 per pound. Each month's ending inventory of raw materials should be 30% of the following month's budgeted production. The June 1 raw materials inventory has 360 pounds of raw material K. Compute the budgeted cost of purchases for raw material K for June. 0 $4,400 O $6.060 $6,100 $6.200 06.000