Answer: Budgeted Raw Material to be consumed in July.
Quantity         Price per pound             Total
10,200                 $6                             $61,200
Explanation:
As for the information provided, the material at month end in hand shall be:
20% of upcoming month's sale.
If in June at month end, the inventory in hand = 2,040 pounds of raw material.
Then, this represents 20% of total requirement of July.
Therefore, total requirement in July = 
This basically means:
Total inventory required =
Quantity         Price per pound             Total
10,200                 $6                             $61,200