PLEASE EXPLAIN HOW TO FIND "DESIRED ENDING INVENTORY OF DM" AND "BEG. INV OF DM" CLEARLY. THANKS.

White Corporation's budget calls for the following sales for next year: Quarter 1 Quarter 2 90,000 units 76,000 units Quarter 3 Quarter 4 68,000 units 96,000 units Each unit of the product requires 3 pounds of direct materials. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materials requirements for production. Required: 1. Determine the production budget for the second quarter. 2. Determine the materials purchases budget for the second quarter. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the materials purchases budget for the second quarter. 75,600 WHITE CORPORATION Budgeted Purchases of Direct Materials (in lbs.) 2nd Quarter Budgeted production Direct materials (lbs.) per unit produced Direct materials needed in production Desired ending inventory of direct materials (lbs.) Total direct materials needed Beginning inventory of direct materials Budgeted purchases of direct materials (lbs.) 226,800 226,800 45,360 181,440