C. James Company uses 3 pounds of direct materials for each unit it produces, at a cost of $6 per pound. Management desires an ending inventory of 15% of next month's materials needed for production. The company ends with 24320 pounds of material in Raw Materials Inventory in October. c. Prepare a Direct Materials Budget for the third quarter, in total and October by month. 2019 03 July August September TotalOctober Budgeted units to be Produced Materials required per unit Material units needed for production Plus: desired/budgeted ending inventory Total material units required Less: beginning inventory Material units to be purchased Material cost per unit Total cost of direct materials C. James Company uses 3 pounds of direct materials for each unit it produces, at a cost of $6 per pound. Management desires an ending inventory of 15% of next month's materials needed for production. The company ends with 24320 pounds of material in Raw Materials Inventory in October. c. Prepare a Direct Materials Budget for the third quarter, in total and October by month. 2019 03 July August September TotalOctober Budgeted units to be Produced Materials required per unit Material units needed for production Plus: desired/budgeted ending inventory Total material units required Less: beginning inventory Material units to be purchased Material cost per unit Total cost of direct materials