The Bakery at the Ocean produces organic bread that is sold by the boat. Each of requires 1/2 of a pound of flour. The bakery pays $3.00 per pound of the organic flour used in its loaves. The bakery expects to produce the following number of loaves in each of the upcoming four month (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. As 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 For the Months of July through September July August September Quarter Units to be produced Data Table Multiply by: Pounds of four needed per unit Quantity needed (s) for production Plus Desired ending Inventory of direct materials 1.520 loaves Total cuartty (s) needed August 1.900 loaves Less: Beginning inventory of direct materials September 1,510 loaves Quantity ( is) to purchase October 1.500 laves Multiply by: Cost per pound Total cost of direct material purchases Print Done Dono Enter any number in the edit fields and then continue to the next