Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: Help Save & Exe Quarter 1 = 27,500 units Quarter 2 = 24,000 units Quarter 3 - 22,000 units Quarter 4 - 29,000 units Each unit of product requires three pounds of direct material. The company's policy is to begin each quarter with 30% of that quarter's direct materials production requirements. What would be Graham's budgeted direct materials purchases for the second quarter of the year? What would be Graham's budgeted direct materials purchases for the second quarter of the year? Multiple Choice 68,850 pounds. 70,200 pounds. 72,000 pounds. O 73.800 pounds. 91,800 pounds