Claypool Industries, based in Pittsburg, Pennsylvania, has the following budgeted information for its first quarter: January February March Budgeted production units Budgeted raw materials purchases (pounds) 75,000 ? 111,000 138,000 174,300 195,000 Each unit requires 15 pounds of material to be produced. Claypool Industries wants raw materials on hand at the end of each month equal to 20% of the following month's production needs Claypool Industries had 9.750 pounds of raw materials on hand on January 1. Budgeted production for February should be 175.875 117 500 units 113.20 1620