Pablo Company has budgeted production for next year as follows: Quarter First Second Third Fourth 61,000 81,000 91,000 71,000 Production in units Three pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 20% of the next quarter's production needs for material A. A total of 31,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be: Multiple Choice 297,600 pounds 291,600 pounds 249,000 pounds 79,200 pounds