HE Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: Quarter 1 - 39,500 units Quarter 2 - 36,000 units Quarter 3 - 34,000 units Quarter 4 - 41,000 units Each unit of product requires two pounds of direct material. The company's policy is to begin each quarter with 25% of that quarter's direct materials production requirements. What would be Graham's budgeted direct materials purchases for the second quarter of the year? Multiple Choice 70.375 pounds 71000 pounds 72.000 pounds 73.000 pounds