Boulware Companys budgeted production calls for 6,800 units in October and 9,800 units in November. Each unit requires 9 pounds (lbs.) of raw material A. Each months ending inventory of raw materials should equal 20% of the following months budgeted materials requirements. The October 1 inventory for this material is 12,240 pounds. What is the budgeted materials purchases for this key material in pounds for October?

Multiple Choice

• 61,200 lbs.

• 91,080 lbs.

• 54,840 lbs.

• 78,840 lbs.

• 66,600 lbs.