On January 1, 2025, the Crane Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2025. The ending raw materials and finished goods inventories at December 31, 2024, follow the same percentage relationships to production and sales that occur in 2025 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. CRANE COMPANY Direct Materials Budget For the Six Months Ending June 30, 2025 Quarter 1 +2 2 Six $ On January 1, 2025, the Crane Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2025. The ending raw materials and finished goods inventories at December 31, 2024, follow the same percentage relationships to production and sales that occur in 2025 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. CRANE COMPANY Direct Materials Budget For the Six Months Ending June 30, 2025 Quarter 1 +2 2 Six $