1. The Tabby Company has budgeted production for next year as follows: Quarter First Second Third Fourth Sales in Units 14,000 12,000 14,000 16,000 Production in Units 10,000 12,000 16,000 14,000 Four kilograms of raw materials are required for each unit produced. At the start of the year, raw materials on hand total 5,000 kilograms. The raw materials inventory at the end of each quarter should equal 20% of the next quarter's production needs. What would be the budgeted purchases of raw materials in the third quarter? A) 65,600 kilograms. B) 56,800 kilograms C) 62,400 kilograms D) 63,200 kilograms