The following are budgeted data: Danuary February March 15,860 21,660 18,800 Production in units 18,80e 19,800 17,700 Sales in units 45 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 30% of the following month's production needs. Purchases of raw matenals for February would be budgeted to be Multiple Choice 20.430 pounds 20 270 pounds