On January 1, 2022, the Blossom Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2022. Sales units: First quarter 5,100; second quarter 6,120; third quarter 7,140. Ending raw materials inventory: 40% of the next quarter's production requirements. Ending finished goods inventory: 25% of the next quarter's expected sales units. Third-quarter production: 7,300 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. 3 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. Prepare a production budget by quarters for the 6-month period ended June 30, 2022. BLOSSOM COMPANY Production Budget Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2022. BLOSSOM COMPANY Direct Materials Budget For the Six Months Ending June 30, 2022 Quarter 1 2