The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year. Budgeted production: Quarter 1 45,000 Units Quarter 2 38,000 Units Quarter 3 34,000 Units Quarter 4 48,000 Units Each unit of product requires three pounds of direct material. The company's policy is to begin each quarter with an inventory of direct materials equal to 30% of that quarter's direct material requirements. Budgeted direct materials purchases for the third quarter would be: Select one: O a. 89,400 pounds Ob. 29,800 pounds c. 38,200 pounds Od. 114,600 pounds