Tableau DA 7-1: Quick Study, Prepare direct materials budget LO P1 Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials Inventory equal to 40% of next month's production needs. Each finished unit requires 4 pounds of direct materials and 2 hours of direct labor. Delray budgets $12,000 of fixed overhead costs per month. A Tableau Dashboard is provided to aid our analysis. Sales Forecast & Production Budget (in Units) 1,500- 1,200- Budgeted Production Sales Forecast 900- Budgeted Production 600 Sales Forecast 300- March April May June Ending Direct Materials Inventory by Month April May June 400 Solve for this value Solve for this value Solve for this value 800 July 1200 1600 2000 Direct Materials (Pounds)