The Chow Company has budgeted production for next year as follows: Feb Mar Apr Sales in units 14,000 12,000 10,000 Production in units 12,000 16,000 14,000 Four pounds of raw materials are required for each unit produced. The raw materials inventory at the end of each month should equal 10% of the next month's production needs. The amount of beginning raw material inventory in February is consistent with raw materials inventory policy. Budgeted purchases of raw materials in the March would be: A) 63,200 pounds B) 62,400 pounds C) 56,800 pounds D) 50,400 pounds