The Bakery at the Lake produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of four. The bakery pays $2.50 per pound of the organic four used in its keves. The buery expects to produce the wingber of loaves in each of the upcoming four months: (Click the loon to view the units to be produced) The bakery has a policy that it will have 20% of the following month's flour needs on hand at the end of each month. At the end of June, there were 151 pounds of four on hand. Prepare the direct materials budget for the third quarter, with a column for each month and for the quarter. Begin the direct materials budget by determining the total quantity needed, then complete the budget (inter the pounds per unit as a decimal to two places. Round your cloth The Bakery at the Lake Direct Materials Budget Usita to be produced For the Months of July through September Data table July August September Quarter Judy 1510 1340 August 1700 October 1,40 Mutory by Pounds of four needed per un Quantity needed (b) production Plus Desired ending inventory of died materials i Total quantity (bs) needed Less Beginning inventory of direct mat Quantity (be) a purchase Mutiply by: Cost per pound Total cost of direct material purchase Print Done