On January 1, 2022, the Swifty Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022. 960. 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 finished goods. Raw materials purchased are expected to cost $4 per pound. Your answer is correct. Prepare a production budget by quarters for the 6-month period ended June 30, 2022. SWIFTY COMPANY Production Budget anding Finished Goods Units ing Finished Goods Units Quarter 1 2 Six Month: eTextbook and Media Attempts: 2 of 3 used (b) Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2020