General Manufacturing expects to have 56,000 pounds of raw materials inventory on hand on June 30, the end of the current year. The company has budgeted the following production for the first four months of the coming year:

	July	August	September	October
Production (units)	116,000	136,000	166,000	126,000

General Manufacturing desires each month's ending raw materials inventory to be 30% of the following month's production needs. A finished unit requires two pounds of raw materials. General Manufacturing's budgeted purchases of materials for September is:

Multiple Choice

• 99,600 lbs.

• 293,600 lbs.

• 313,600 lbs.

• 308,000 lbs.

• 332,000 lbs.