The following are budgeted data Sales in units Production in units January February 16,700 23,400 19,700 20,700 March 19,700 One pound of material is required for each Snished unit. The inventory of materiais at the end of each moreh should equal 30% of the following month's production needs Purchases of raw materials for February would be budgeted to be Multiple Ch 21030 pounds 020470 pounds 20.370 pounds 8330 4