Assuming budgeted production as follows: Quarter 1 2 Production 15,000 10,000 The ending inventory of finished goods for each quarter should equal 25% of the next quarter?s budgeted sales in units. Four pounds of raw materials are required for each unit produced. The raw materials inventory at the end of each quarter should equal 10% of the next quarter?s production needs in material. What is the budgeted Raw Material purchases in lbs for first quarter