Saved Help Save & Exit Subm MC Qu. 154 Zhang Industries budgets production... Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unit requires 5 pounds (lbs) of raw material K which costs $6 per pound. Each month's ending inventory of raw materials s The June 1 raw materials inventory has 450 pounds of raw material K. Compute budgeted purchases for hould be 30% of the following month's budgeted production. raw material K in pounds for June. 48:27 Multiple Choice 1,500 lbs. 1,550 lbs. )1,515 lbs