Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year.

	Beginning Inventory	Ending Inventory
Raw material*	40,000	50,000
Finished goods	80,000	50,000

*Three pounds of raw material are needed to produce each unit of finished product.

If Paradise Corporation plans to sell 480,000 units during next year, how many pounds of direct material should Paradise Corp. plan to purchase next year?

1,450,000 pounds

1,440,000 pounds

1,350,000 pounds

1,390,000 pounds

none of the above