16. The following are budgeted data: Sales (units) 15,000 20,000 18,000 Production (units) 18,000 19,000 16,000 April May June Two pounds of material are required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. Purchases of raw materials for should be: May A) 39,200 pounds B) 52,000 pounds C) 36,800 pounds D) 38,000 pounds