QUIZ 2 (BUDGED Kelly Company manufactures two products. (1) Grande and (2) Venti. The budgeted units to be produced are as follows: 2019 Total Units of Product Grande Venti 10,000 15.000 6,000 10,000 July 25.000 August 16,000 12.000 September 9,000 23,000 October 8.000 20,000 It takes 3 pounds of direct materials to produce the product Grande and 5 pounds of direct materials to produce the product Venti. It is the company's policy to maintain an inventory of direct materials on hand at the end of each month equal to 30% of the next month's production needs for product Grande and 20% of the next month's production needs for product Venti. Direct materials inventory on hand at 30 June were 9,000 pounds for the product Grande and 15,000 pounds for the product Venti. Required Prepare separate direct materials purchases budgets for each product for the third quarter of 2019