On January 1, 2022, the Sheffield Company budget committee has reached agreement on the followiag data for the b thantis endins June 30,2022 The ending raw materials and finished goods inventories at December 31,2021, follow the same perceritage relatianships to production and sales that occur in 2022 . Three pounds of raw materials are required to make each unit of finished goodss. Faww materials purchased are expected to cost $4 per pound. Prepare a production budget by quarters for the 6 -month period ended June 30,2022 . Prepare a direct materials budget by quarters for the 6-month period ended June 30,2020