White Corporation's budget calls for the following sales for next year: Each unt of the product requires 4 pounds of direct materials. The companys policy is to begin each quater with an inventory of product equal to 5% of that quarters estimated saies requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materiola requirements for production. Required: 1. Determine the production budget for the second quarter. 2. Dotermine the materials purchases budget for the second quarter. Camplete this question by entering your answers in the tabs below. Detertine the piroduction budget for the secend quarten