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The following are budgeted data: January February March Sales in units 16,400 22,800 19,400 Production in units 19,400 20,400 18,900 One pound of material is

The following are budgeted data:

January February March
Sales in units 16,400 22,800 19,400
Production in units 19,400 20,400 18,900

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:

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