On January 1, 2022, the Ivanhoe Company budget committee has pached agreement on the following data for the 6 months ending June 30,2022. Sales units: First quarter 4,300; second quarter 5,160; third quarter 6,020. Ending raw materials inventory: 40% of the next quarter's if duction requirements. Ending finished goods inventory: 25% of the next quarter's expected sales units. Third-quarter production: 6,180 units. The ending raw materials and finished goods inventories at Decer fer 31, 2021, follow the same percentage relationships to production and sales that occur in 2022.3 pounds of raw materia f re required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. IVANHOE COMPANY Production Budget fix Months Ending June 30, 2022 Quarter 1 2 15056665 1075 Requieed Production Units. IVANHOE COMPANY Direct Materials Budget Fd fhe Six Months Ending June 30, 2022 Quarter Units to be Produced Direct Materials Per Unit Total Pounds Needed for Production Add Desired Ending Direct Materials (Pounds) Total Materials Required Less v: Beginning Direct Materials (Pounds) Direct Materials Purchases Cost Per Pound