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A Company has budgeted production for next year as follows: Quarter First Second Third Fourth 60.000 80.000 90,000 70,000 Production in units. Two pounds of

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A Company has budgeted production for next year as follows: Quarter First Second Third Fourth 60.000 80.000 90,000 70,000 Production in units. Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material A. A total of 30,000 pounds of material A are on hand to start the year. Budgeted purchases of material A (How many pounds) for the third quarter would be

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