Five pounds of raw materials are required to complete one unit of product. The company requires ending raw materials inventory at the end of each quarter equal to 10% of the following quarter's production needs for materials. On December 31, 2017, the company had 23,000 pounds of raw materials on hand. Complete the table below to construct the company's the direct materials budget for 2017. Lavender Corporation Direct Materials Budget For the Year Ended December 31, 2017 pst Quarter 2nd Quarter 3rd Quarter 4 Quarter 1st Quarter (2018) Required production (units) 46,000 72,000 85,000 56,000 73000