Samson company has budgeted production for the next two months as follows: July 60,000 units August 22,000 units Each unit required 5 pounds of raw...

Samson company has budgeted production for the next two months as follows:

July 60,000 units

August 22,000 units

Each unit required 5 pounds of raw material. Raw materials at the end of each month should equal 10% of the next months' production requirements. How many pounds will be budgeted for purchases of raw materials for July?