On January 1, 2022, the Crane Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022 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 pounds of raw materials are required to make each unit of funlshed goods. Raw materials purchased are expected to cost $4 per pound. Prepare a direct materials budget by quarters for the 6 -month period ended June 30,2020 . Direct Materials Putchases Cost Peir Pound Total Coscol Directmaterials Purchates \&