16.10 Hildebrandt St. Martins Limited manufactures a single product. Its budget sales (in units) for December 20X4 are 9,350. Opening inventory of finished goods for the month is budgeted at 12,360 units and closing inventory is budgeted at 13,475 units.

Each unit of finished goods inventory uses 2 kg of a raw material that is forecast to cost £3 per kilo.

Opening inventory of raw material at the beginning of December 20X4 is forecast at 18,000 kilos, but closing inventory for the month should fall to 16,000 kilos.

What is the budget amount in pounds of purchases of this raw material for December 20X4?

a) £56,790

b) £68,790

c) £49,410

d) £55,410