The Bakery with a View producen organic bread that is sold by the loaf Each oal requires 1/2 of a pound of flour. The bakery pays $3.00 per pound of the organic four used in its loaves. The bakery expects 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 hou s policy that it will have 10% of the following month's four needs on hand at the end of each month. At the end of June, there were 76 pounide 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 budpet by determining the total qunntly needed, then complete the budget. (Enter the pounds per init as a decimal to a place Round your calculations to the nearest whole number) The Bakery with a View Direct Materials Budget For the Months of July through September Data Table July August September Quarter Units to be produced Mutiply by Pounds of four needed perunt July 1.56 loves Quantity needed (ibu) for production August ...1360 loves Plus: Desired ending inventory of direct materials September 1,720 loaves Total Quantity (lbs) needed October 1.550 loaves Les Beginning inventory of direct materials Print Quantity (lbs) to purchase Done Multiply by: Cost per pound Total cost of direct material purchases