Saphire Company budgeted the following production in units for the second quarter of the year: April May June Units to be produced 45,000 38,000 42,000 Each unit of product requires 4 pounds of raw material that costs $5 per pound. Inventory policy requires that sufficient raw materials be in ending monthly inventory to satisfy 30% of the following month's production needs. The ending inventory policy was met in March (The inventory of raw materials at the beginning of April equals exactly the amount needed to satisfy the company's inventory policy.) The desired ending inventory for June is 60,000 pounds. Based on the above information, prepare the company's direct materials purchase budget for April, May, and June and for the quarter in total Direct Materials Purchase Budget April May June Quarter Units to be produced Raw materials needed per unit (lbs.) Production needs (lbs.) Desired ending inventory Total needs Beginning inventory Raw materials to be purchased Cost of raw materials per pound Total purchase cost of raw materials A S $ $