Ahmad Inc, manufactures plastic toys. Production Budget for the upcoming months are as follows: April May June Production units 12,000 15,000 10,000 1. Seven ounces of plastic resin (Raw material) are needed to produce every toy. 2. Ahmad Inc. likes to have enough plastic resin on hand at the end of the month equal to 25% of the next month's production requirements. 3. The inventory of plastic resin on hand on March 31 is budgeted to be 21,000 and inventory on hand on June 30 is budgeted to be 20,125. 4. The cost per raw material ounce is $ 0.35 Required: 1. Prepare a direct material budget for plastic resin, by month and for the third quarter then answer all the questions related to the Production Budget. 1- what is the total cost for the quarter. (Direct material budget)