The production department of Priston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 9,000 8,000 Units to be produced 10,000 11,000 n addition, the beg nning raw materials inventory for the 1st Quarter is budgeted to be 3,600 pounds and the beginning accounts payable for the 1st Quarter is budgeted to be $17.100. Each unit requires two pounds of raw material that costs $3.00 per pound. Management desires to end each quarter with a raw materials inventory equal to 20% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 6,000 pounds. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.5 direct labor-hours and direct labor-hour workers are paid $11 per hour. Required: la. Prepare the companys direct materials budget for the upcoming fiscal year. (Do not round intermediate calculations. Input all amounts as positive values. Omit the sign in your response.) Priston Company Direct Materials Budget 1st Quarter 3rd Quarter 2nd Quarter Production needs pounds D: Ending inventory D Add Total needs pounds Deduct D: Beginning inventory Raw materials to be purchased pounds Cost of raw materials to be purchased 4th Quarter Year