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Zhang Industries budgets production of 500 units In June and 510 units In July. Each finished unit requires 5 pounds of raw material K, which

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Zhang Industries budgets production of 500 units In June and 510 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 30% of the following month's budgeted production. The June 1 raw materials Inventory has 750 pounds of raw material K. Compute the budgeted cost of purchases for raw material K for June Multiple Choice $15.300 $15,120. O o $15.090 O $15.000 $10.800

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