The Tobler Company had budgeted production for the year as follows: Quarter 1 2 3 4 Production in units 11,000 8,000 12,000 10,000 5 pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 8,000 lbs. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in materials. Budgeted purchases of raw materials in the second quarter would be (in lbs.): 41,500 lbs. 42,000 lbs. 40,000 lbs. 40,500 lbs.