Boulware Company's budgeted production calls for 5,500 units in October and 8,500 units in November. Each unit requires 8 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 30% of the following month's budgeted materials requirements. The October 1 inventory for this material is 13,200 pounds. What is the budgeted materials purchases for this key material in pounds for October?

Multiple Choice

• 44,000 lbs.
• 51,200 lbs.
• 64,400 lbs.
• 77,600 lbs.
• 40,150 lbs.