4. Presented is selected second quarter budget data for the Arnold Company Sales April 20,000 units May 30,000 units June . . . . . 36,000 units Additional information: Each unit of finished product requires three pounds of raw materials. Arnold maintains ending finished goods inventories equal to 20 percent of the following month's budgeted sales Arnold maintains raw materials inventories equal to 25 percent of the following month's budgeted production. April 1 inventories are in line with Arnold's inventory policy. Arnold's budgeted purchases (in pounds) for April is: 66,000 pounds b. 72,900 pounds. C. 89,400 pounds None of the above