Henly Company has budgeted sales and production for next year as follows: Quarter Second Third 18,000 19,000 18,250 20,500 Sales in units Required production in units 20,000 19,500 Fourth 25,000 24,000 Two feet of direct materials are required for each unit produced. Direct materials on hand at the start of the year total 7,800 feet. The direct materials inventory at the end of each quarter should equal 20% of the next quarter's production needs. Henly's budgeted purchases of direct materials in the second quarter would be: 33,300 feet. 37,400 feet. 36,950 feet. 35,600 feet At the end of the third quarter, Henly's budgeted direct materials inventory is: 8,200 feet. 4,100 feet 9,600 feet. 7,300 feet