Question 18 Not yet answered Marked out of 2.00 1st quarter 2nd quarter 3rd quarter Units Flag question 4th quarter 8,000 12,000 20,000 16,000 Modern Company's budgeted production for next year is tabulated above. Five kilograms of raw materials are required for each unit produced. At the start of the year, raw materials on hand total 5,000 kilograms. The raw materials inventory at the end of each quarter should equal 12% of the next quarter's production needs. What would be the budgeted purchases of raw materials in the second quarter? Select one: a. 64,800 b. 63,200 c. 97,600 d. 42,200 cross out cross out cross out cross out