Pablo Company has budgeted production for next year as follows: First 57.000 Quarter Second Third 97.000 107.000 Fourth 87,000 Production in units Two 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 25% of the next quarter's production needs for material A. A total of 47,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be: 83,750 pounds. 199,000 pounds. O 242,500 pounds. O 247.500 pounds