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Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below: January February March Budgeted production (in

image text in transcribed Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below: January February March Budgeted production (in units) 71,700 88,500 Budgeted raw materials purchases (in pounds) 244,633 177,100 167,300 Four pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 25% of the following month's production needs. The company is expected to have 71,700 pounds of raw materials on hand on January 1. Budgeted production for February should be

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