Miami Solar manufactures solar paness for industrial use. The company budgets production of 5.400 units (solar panels) in July and 5,800 units in August. Each unit requires. 2 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requitement. As of June 30 , the company has 3,240 pounds of direct materials in imventory. Prepare the direct materiais budget for July