Ocelot's production budget for Q1 is as follows: January 10,000 units; February 12,000 units; March 12,500 units. Ocelot's direct materials cost per unit is $2 (4 pounds x $0.50 per pound). Policy dictates that ending direct materials inventory should equal 40% of next period's expected usage. Ocelot's December 31 ending direct materials inventory is 16,000 pounds. What is Ocelots's February budgeted direct materials purchases in pounds? 97,600 24,400 48,800 47,200