The Tobler Company has the following sales forecasts for the next year:

Three pounds of raw materials are required to produce each unit of the product. The raw materials inventory at the end of each quarter should equal 20% of the next quarter's production needs. The company plans to hold finished good inventory equal to 10% of next quarter sales needs at the end of each quarter. The budgeted purchases of raw materials in the second quarter should be:

A: 39,240 pounds

B: 65,400 pounds

C. 56,800 pounds

D. 52,320 pounds

The Tobler Company has the following sales forecasts for the next year Quarter First Second Third Fourth Sales (Units) 10,000 12,000 16,000 14,000