The Bakery at the Lake produces organic bread that is sold by the loal Each loaf requires 1/2 of a pound of flour The bakery pays $3.00 per pound of the organic Boursed in loves The bakery expects to produce the following number of loaves in each of the upcoming four month m (Click the icon 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 Al the end of June, there were 156 pounds of flour on hand. Prepare the direct materials budget for the third quarter with a column for each month and for the quarter Prod Begin the direct materials budget by determining the total quantity needed, then complete the budget (Enter the pounds per unit as a decimal to two places Round your calculations to the nearest whole number.) Zero July September Quarter The Bakery at the Lake Direct Materials Budget For the Months of July through September August Units to be produced Multiply by: Pounds of flour needed per unit Quantity needed (lbs) for production Plus Desired ending inventory of direct materials Total quantity (lbs) needed Strate Stack 0 Data Table Varian 1560 loaves August 1.940 loaves September 1.680 loaves October