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Current Attempt in Progress On January 1, 2022, the Oriole Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2022 Sales units: Ending raw materials inventory: First quarter 6, 200second quarter 7.440 third quarter 8.680. 40% of the next quarter's production requirements 25% of the next quarter's expected sales units. 9,030 units Ending hinished goods inventory: Third-quarter production The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022. Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound, (a) Your answer is correct Prepare a production budget by quarters for the 6-month period ended June 30, 2022 ORIOLE COMPANY Production Budget For the Six Months Ending June 30, 2022 Quarter Prepare a production budget by quarters for the 6-month period ended June 30, 2022 ORIOLE COMPANY Production Budget For the Six Months Ending June 30,2022 Quarter Expected Unit Sales 6200 7440 Add Desired Ending Finished Goods Units 1860 2170 Total Required Units 8060 9610 Less Beginning Finished Goods Units 1550 1860 1 Required Production Units 6510 7250 e Textbook and Media Attempts unlimited Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2020. ORIOLE COMPANY Direct Materials Budget Quarter 1 2 > $ $ $ $