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Assume that a company expects to produce 1 2 , 0 0 0 , 1 3 , 0 0 0 , and 1 5 ,

Assume that a company expects to produce 12,000,13,000, and 15,000 units of finished goods in January, February, and March, respectively. Each unit of finished goods requires 3 pounds of raw material and each pound of raw material costs $6.00. The company always maintains an ending raw materials inventory equal to 20% of next months production needs. What is the amount of expected raw materials purchases for February?

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