The following dashboard reveals a company's budgeted production in units for the next two months. Each unit requires 3 pounds of direct materials at a cost of $5 per pound and 1.25 direct labor hours at a rate of $18 per hour. Variable overhead is budgeted at a rate of $4 per direct labor hour. Fixed overhead is budgeted at $20,000 per month. At the beginning of May there were 648 pounds of direct materials in inventory. The company maintains ending direct materials inventory equal to 40% of the next month's direct materials requirement. Enter answers in the tabs below. Required 1 Required 2 Required 3 Prepare a direct materials budget for May. Direct Materials Budget Units to produce 12