Lawn Industrial has estimated that production for the next five quarters will be: Production Information 1st quarter, 2020 42,300 units 2nd quarter, 2020 38,400 units 3rd quarter, 2020 46.200 units 4th quarter, 2020 36,000 units 1st quarter, 2021 43,900 units Finished units of production require 6 pounds of raw material per unit. The raw material cost is $7 per pound. There is $266,490 of raw material on hand at the beginning of the first quarter, 2020. Lawn desires to have 15 percent of next quarter's material requirements on hand at the end of each quarter. Prepare quarterly direct materials purchases budgets for Lawn Industrial for 2020.Lawn Industrial Direct Materials Purchases Budget For the Year Ending December 31, 2020 Quarter 1 Quarter 2 Quarter 3 Quarter 4 $ $ $ $