Assume that a company expects to produce 11,300, 12,300, and 14,300 units of finished goods in January, February, and March, respectively. Each unit of finished goods requires 4 pounds of raw material and each pound of raw material costs $4.25. The company always maintains an ending raw materials inventory equal to 25% of next months production needs. What is the amount of expected raw materials purchases for February? Multiple Choice $217,600 $166,400 $209,600 $170,400