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Current Attempt in Progress The following facts are known: The total pounds needed for production are 2 times the units to be produced. The desired

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Current Attempt in Progress
The following facts are known:
The total pounds needed for production are 2 times the units to be produced.
The desired ending direct materials inventory in pounds is 20% of the total pounds needed for production.
The beginning direct materials inventory in pounds is equal in number to 10% of the units to be produced.
, Cost per pound is $5.
The total cost of the direct materials purchases is $1,030,400.
Prepare a direct materials budget for the period.
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