Accustart Industrial has estimated that production for the next five quarters will be: Production Information 1st quarter, 2020 48,600 units 2nd quarter, 2020 44,000 units 3rd quarter, 2020 53,200 units 4th quarter, 2020 41.600 units 1st quarter. 2021 50.200 units Finished units of production require 6 pounds of raw material per unit. The raw material cost is $7 per pound. There is $306,180 of raw material on hand at the beginning of the first quarter, 2020. Accustart desires to have 15 percent of next quarter's material requirements on hand at the end of each quarter. Prepare quarterly direct materials purchases budgets for Accustart Industrial for 2020. Accustart Industrial Direct Materials Purchases Budg For the Year Ending December 31, Quarter 2 Quarter 1 $ $ $