Eoch unit requires 2 pounds of direct materials, which cost $7 per pound. The company's policy is to maintain direct materiais inventory equal to 30% of the next month's direct materials requirement. As of June 30, the company has 2,460 pounds of direct materials in inventory. Prepare the direct materials budget for July. Prepiste the schocijle of cash recelpes from sales for June. Ench unh requiles 4 hours of direct ftobin an o rate of 5 is per houk Prepane a direct labor budiget Rir July. Aectilred informetion July brid 5,800 unite in Augubt