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it says 3 pounds of raw materials are required..... thanks so much E9.6 ( . O 2), AP On January 1, 2022, the Hardin Company

it says 3 pounds of raw materials are required..... thanks so much image text in transcribed
E9.6 ( . O 2), AP On January 1, 2022, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022. Sales units: First quarter 5.000, second quarter 6,000, third quarter 7,000. Ending raw materials inveatory: 40% of the neat quarter's production requirements. Ending finished goods inventory: 25% of the next quarter's expected sales units. Third-quarter production: 7,200 units. The ending raw materials and finished goods inventories at December 31,2021 , follow the same percentage relationships to production and sales that occur in 2022 , Three poun materials are required to make each unit of finished goods. Raw materials purchased are expected to cost \$4 per pound. Instruetions a. Prepare a production budget by quarters for the 6-month period ended June 30,2022. b. Prepare a direct materials budget by quarten for the 6-month period ended June 30, 2022. Calculate raw materials purchases in dollars

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