Ch 20: Homework Saved Help Save & Exit Submit Submit 3 Exercise 20-4 Manufacturing: Direct materials budget LO P1 Zira Co. reports the following production budget for the next four months. April June July Production (units) May 602 630 636 616 Book Hint Print Retorescos References Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials Inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 722 pounds. Assume direct materials cost $6 per pound Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the nearest whole dollar amount.) ZIRA CO Direct Materials Budget For April, May, and June April 670 May June 632 630 units Budgeted production (units) Materials requirements per unit Materials needed for production (bs.) Budgeted ending inventory (lbs) Total materials requirements (be) Materials to be purchased (lbs) Ga