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Henkel Corp. is a manufacturer that operates in a seasonal industry. Henkel Corp. is preparing its direct materials budget for the 2nd quarter. Henkel Corp. plans to produce 238,000 units in the 2nd quarter and it also plans to produce 275,500 units in the 3rd quarter. Henkel Corp's raw material inventory is equal to 65,500 pounds at the start of the 2nd quarter. Other related information is as follows: Direct Materials Each unit of product requires 0.60 pounds of a key raw material, priced at $189 per pound. The company wishes to end each quarter with an ending inventory of materials equal to 508 of next quarter'. budgeted materials requirements. 04 For Henkel Corp, please prepare a direct materials budget for the 2nd quarter. Henkel Corp. is doing business as (DBA) Rida Inc. RIDA INC. Direct Materials Budget Second Quarter Units to be produced 238,000 units Materials needed for production (pounds) Total materials requirements (pounds) Materials to be purchased (pounds) Budoled cost of direct materials purchases