Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 276,000 units in the second quarter and 62,500 units in the third quarter. Each unit requires 0.50 pound of direct material. priced at $185 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 40% of next quarter's budgeted direct materials required. Raw material inventory is 55,200 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.) Units to produce 276,000 units Cost of direct materials purchases Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 276,000 units in the second quarter and 62,500 units in the third quarter. Each unit requires 0.50 pound of direct material, priced at $185 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 40% of next quarter's budgeted direct materials required. Raw material inventory is 55,200 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 Second Quarter Units to produce 276,000 units Budgeted units sales for month Materials cost per pound Materials required per unit Materials to be purchasedRida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 276,000 units in the second quarter and 62,500 units in the third quarter. Each unit requires 0.50 pound ofdirect material, priced at $185 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 40% of next quarter's budgeted direct materials required. Raw material inventory is 55,200 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.) Units to produce 276,000 units Add: Beginning materials inventory Add: Desired ending materials inventory Less: Beginning materials inventory Less: Desired ending materials inventory Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 276,000 units in the second quarter and 62,500 units in the third quarter. Each unit requires 0.50 pound ofdirect material, priced at $185 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 40% of next quarter's budgeted direct materials required. Raw material inventory is 55,200 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.) Units to produce 276,000 units Add: Beginning materials inventory Add: Desired ending materials inventory Less: Beginning materials inventory Less: Desired ending materials inventory Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 276,000 units in the second quarter and 62,500 units in the third quarter. Each unit requires 0.50 pound ofdirect material, priced at $185 per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to 40% of next quarter's budgeted direct materials required. Raw material inventory is 55,200 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.) 276,000 units Budgeted units sales for month Materials cost per pound Materials required per unit Materials to be purchased Ivlq, .Iala Lu pulullqac \\yuunuo, Cost of direct materials purchases