Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 20% of next month's budgeted unit sales. Finished goods inventory on April 1 is 114 units. Prepare a production budget for the months of April, May, and June. RUIZ COMPANY Production Budget Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 286,000 units in the second quarter and 72,500 units in the third quarter. Each unit requires 0.40 pound of direct material, priced at $195 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 57,200 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.) \begin{tabular}{|l|r|r|} \hline RIDA INCORPORATED \\ \hline Direct Materials Budget \\ \hline Units to produce & Second Quarter \\ \hline Materials needed for production (pounds) & & \\ \hline & 286,000 & units \\ \hline Total materials required & & \\ \hline Materials to purchase (pounds) & \\ \hline Cost of direct materials purchases & \\ \hline \end{tabular}