The following are budgeted data (Hint Only one of these rows is needed to complete this problem): 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 materials for February would be budgeted to be: Multiple Cholce 20,550 poinds 20,150 pounds 19,650 pounds tB, 450 pounds