Use the following information to answer the questions for the direct materials budget. 5 aRaw material needed to produce each unit Ribs The ending RM inventory is 25% of the following months production needs 04's Raw Materials requirements are 1,500 lbs dThere is no prior year activity 0 RM cost per pound is S 1.50 What is the desired ending inventory (in pounds) at the end of the first quarter? 9 12 A What is the required purchases (in pounds) at the end of the first quarter? What is the cost of the raw materials at the end of the first quarter? Question 5 (6 points) Saved