The Scarborough Corporation manufactures and sells two products: Thingone and Thingtwo. In July 20X7, Scarborough's budget department gathered the following data in order to project sales and budget requirements for \(20 \mathrm{X} 8\).

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20X8 Projected Sales: Product Thingone Thingtwo Units Price 60,000 $70 40,000 $100 20X8 Inventories-in units: Expected Product Thingone Thingtwo Desired January 1, 20X8 December 31, 20X8 20,000 25,000 8,000 9,000 In order to produce one unit of Thingone and Thingtwo, the following raw materials Amounts used per unit are used: Raw Materials Units Thingone Thingtwo A lbs. 4 5 B lbs. 2 3 cach 1 C Projected data for 20X8 with respect to raw materials are as follows: Desired Expected Anticipated Inventories Inventories Raw Purchase January 1, December 31, Materials Price 20X8 20X8 A $8 32,000 lbs. 36,000 lbs. BC $5 29,000 lbs. 32,000 lbs. $3 6,000 each 7,000 each