Boulware Company's budgeted production calls for 5,300 units in October and 8,300 units in November. Each unit requires 9 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 20% of the following month's budgeted materials requirements. The October 1 inventory for this material is 9,540 pounds. What is the budgeted materials purchases In pounds for October? Multiple Choice 47,700 lbs. 53,100 lbs 62,640 lbs 172.180 Multiple Choice 47,700 lbs 53,100 lbs 62,640 lbs. 72.180 lbs 43,140 lbs