Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 248,000 units in the second quarter and 60,500 units in the third quarter. Each unit requires 0.60 pound of direct material, priced at $183 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 50% of next quarter's budgeted direct materials required. Raw material inventory is 74,400 pounds at the beginning of the second quarter. Prepare a direct materials budget for the second quarter. (Enter "per unit" answers in two decimal places.) RIDA INCORPORATED Direct Materials Budget Units to produce Materials required per unit Materials needed for production (pounds) Add: Desired ending materials inventory Total materials required Materials to purchase (pounds) Cost of direct materials purchases Second Quarter 248,000 units 0.60 pounds 148,800 pounds