Requlred Information Mlaml Solar manufactures solar panels for industrial use. The company budgets production of 5,900 units (solar panels) In July and 5,000 units in August. Each unit requires 4 pounds of direct materlals, which cost $7 per pound. The company's policy is to maintaln direct materlals Inventory equal to 30% of the next month's direct materlals requirement. As of June 30 , the company has 7,080 pounds of direct materlals In Inventory. Prepare the direct materials budget for July