Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 5,000 units in August. Each unit requires 2 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials inventory equal to 40% of the next month's direct materials requirement. As of June 30, the company has 3,600 pounds of direct materials in inventory. Prepare the direct materials budget for July.