The Tori Company had budgeted production for the year as follows:

Quarter	1	2	3	4
Production in units	11,600	13,600	19,500	15,600

Five pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 5,600 pounds. The raw materials inventory at the end of each quarter should equal 15% of the next quarter's production needs in materials. Budgeted purchases of raw materials in the third quarter would be:

Question 17 options:

	94,575 pounds.
	94,500 pounds.
	78,275 pounds.
	71,500 pounds.