Electro Company budgets production of 660,000 electric panels in the second quarter and 730,000 electric panels in the third quarter. Esch pand ro quites 0.80 pound of direct materiat at a cost of $210 per pound. The company desires to end each quarter with an ending inventory of this material equal to 20% of next quarter's budgeted materials requirements, Beginning inventory of this material is 105,600 pounds. Prepare a direct materials budget for the second quarter