Zhang Industries budgets production of 450 units in June and 460 units in July. Each finished unit requires 5 pounds (lbs.) of raw material K, which costs $6 per pound. Each months ending inventory of raw materials should be 20% of the following months budgeted production. The June 1 raw materials inventory has 450 pounds of raw material K. Compute the budgeted purchases for raw material K in pounds for June.

Multiple Choice

2,250 lbs.

2,300 lbs.

2,260 lbs.

2,270 lbs.

1,850 lbs.