$($b$)$

Prepare a direct materials budget by quarters for the $6-$month period ended June $30,2025.$

SWIFTY COMPANY

Direct Materials Budget

Quarter

$1$

: eTextbook and MediaOn January $1,2025,$ the Swifty Company budget committee has reached agreement on the

following data for the $6$ months ending June $30,2025.$

The ending raw materials and finished goods inventories at December $31,2024,$ follow the same

percentage relationships to production and sales that occur in $2025.$ Three pounds of raw materials

are required to make each unit of finished goods. Raw materials purchased are expected to cost

$$4$ per pound.