The following are budgeted data: Sales in units Production in units January 16,700 19,700 February 23,400 20,700 March 19,700 19,600 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 Choice O 21030 pounds 20.470 pounds