Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans production of 228,000 units in the second quarter and 265,500 units in the third quarter. Raw material inventory is 55,500 pounds at the beginning of the second quarter. Other Information follows: Direct Mar Each unit requires 0.70 pounds of a key raw material, priced at $170 per pound. The company plans to and each quarter with an ending inventory of materiale equal to 501 of next quarter's budgeted materiale requirements. Prepare a direct materials budget for the second quarter RIDA INC Direct Materials Budget Second Quarter Units to be produced 228.000 units Materials needed for production (pounds) Total materials requirements pounds) Materials to be purchased (pounds) Budgeted cost of directors purchases