Current Attempt in Progress On January 1,2022, the Lily Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022 . Ir9,100. 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 materiats purchased are expected to cost 54 per pound. Question 1 of 4 8.55/10 Prepare a direct materials budget by quarters for the 6 -month period ended June 30,2020
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