morganton company makes one product and it provided the following information to help prepare the master budget, the budgeted selling price unit is $60. budgeted june, july, august, and september are 9,800, 29,000,31,000,and 32,000 units respectively. All sales are on creidt. 305 of creidt sales are collected in the month of sale and 70% in the following month, the ending finished goods inventory equalls 20% of the following month units sales, the ending raw materials inventory equals 10% of the following raw materials production needs . each unit of finished goods requires 4 pounds of raw materials. the raw materials cost $2.50 per pound. 30% of raw materials purchases are paid for in the month of purchases and 70% in the following month. the direct labor wage rate is $15 per hour. each unit of finished goods requires two direct labor hours. the variable selling and administrative expenese per unit sold is $1.80. the fixed selling and administrative expense per month is $68,000. if 124,800 pounds of raw materials are needed to meet production in august how many pounds of raw materials should be purchased in july?