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Use the following information for the Quick Study below. $($Algo$)$

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Miami Solar manufactures solar panels for industrial use. The company budgets production of $4,200$ units $($solar panels$)$ in July and $4,400$ units in August.

QS $20-9($Algo$)$ Manufacturing: Direct materials budget LO P$1$

Each unit requires $3$ pounds of direct materials, which cost $$6$ per pound. The company$$s policy is to maintain direct materials inventory equal to $40\%$ of the next month$$s direct materials requirement. As of June $30,$ the company has $5,040$ pounds of direct materials in inventory. Prepare the direct materials budget for July.