The Bakery at the Ocoan producos organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $2.00 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 EEB (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 158 pounds of flour on hand. Prepare the direct materials budget for the third quarter, with a column for each four months: month and for the quarter Begin the direct materials budget by delermining the total quaritity needed, the cormplete the budget. Enter the pounds per urnit as a decimal to two places. Round your calculations to the riearest whole rnunber.) The Bakery at the Ocean Direct Materials Budget For the Months of July through September Data Table July August September Quarter Unils to be produced Mulply by: Pounds of flour needed per unit Quantity needed (Ibs) for production Plus: Desired ending inventory of direct materials Total quantity (lbs) needed July August. Septenber October 1,580 loaves 1,900 loaves 1,610 loaves 1,580 loaves Print Done