On January 1.2022, the Coronado Company budget committee has reached agreement on the following data for the 6 months ending June 30 2022 Sales unit Ending raw materials inventory Ending finished goods inventory Third-quarter production First quarter 6,900, second quarter 8,200: third quarter 9.660 40% of the next quarter's production requirements 25% of the next quarter's expected sales units. 10.010 units 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 CORONADO COMPANY Production Budget Quarter 2 Six Months CORONADO COMPANY Direct Materals Budget Quarter 2 Six Months