The Bakery at the Lake produces organic bread that is sold by the loat Each of requires 1/2 of a pound of four The bakery pays $300 per pound of the organic four used in its loaves The bakery oxpects to produce the following number of loaves in each of the upcoming four months 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 At the end of June, there were 152 pounds of flour 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 quantty needed, then complete the budget (Enter the pounds per unit as a decimal to two places Round your calculations to the nearest whole number The Bakery at the Lake Direct Materials Budget For the Months of July through September July August September Quarter Units to be produced Data table Multiply by Pounds or flour needed per un Quantity needed (bs) for production Plus Desired ending inventory of direct materials July 1520 loaves Totat quantity (bs) nodod August 1940 loaves September 1.720 loaves October 1.560 loaves