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 30% of next month's budgeted unit sales. Finished goods inventory on April 1 is 192 units. Prepare a production budget for the months of April, May, and June. Budgeted sales units April 640 May 720 June 670 July 760 RUIZ COMPANY Production Budget April May June Budgeted sales units 720 670 760 Next period budgeted sales units Ratio of inventory to future sales 30% 30% 30% Total required units Less: Beginning inventory units Units to produce 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.) Answer is not complete. RIDA INCORPORATED Direct Materials Budget Second Quarter 286.000 units 0.40 pounds Units to produce Materials required per unit Materials needed for production (pounds) Add: Desired ending materials inventory Total materials required Less: Beginning materials inventory Materials to purchase (pounds) Materials cost per pound Cost of direct materials purchases