Pablo Company has budgeted production for next year as follows: Quarter First Second Third Fourth 56,000 96,000 106,000 86,000 Production in units Four 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 30% of the next quarter's production needs for material A A total of 46,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be 87,800 pounds. 396,000 pounds. 499,200 pounds. 511,200 pounds