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Zhang industries budgets production of 450 units in June and 460 units in July. Each finished unit requires 5 pounds of raw material k, which

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Zhang industries budgets production of 450 units in June and 460 units in July. Each finished unit requires 5 pounds of raw material k, which costs $6 per pound. Each month's ending inventory of raw materials should be 20% of the following month's budgeted production. The June 1 raw materials Inventory has 450 pounds of raw material K. Compute the budgeted cost of purchases for raw material for June. Multiple Choice $11100 $13,500 513,800 O $0.560 O $63620

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