Ch. 8 - Bulleit Bourbon distills bourbon spirits using various grains. One product requires the use of Rye. Bulleit has prepared a Sales Budget and Production Budget based on the Sales Budget for the fourth quarter of 2021. October November December Sales in units 7,000 9,500 13,000 Production in units 8,250 12,000 11,000 Bulleit budgets for 4 pounds of Rye to produce each finished bottle of bourbon. In order to stabilize the production process, Bulleit has established that raw materials inventory of Rye should equal 20% of the following month's production needs. Purchases of raw materials for November would be budgeted to be: 48,800 pounds 56,800 pounds O 11,800 pounds 47,200 pounds