Ch 20 HW Help Save & Exit Sube Check my work 2 Zira Co. reports the following production budget for the next four months. Production (units) 735 727 707 1 points eBook Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next month's production needs. Beginning raw materials inventory for April was 1,388 pounds. Assume direct materials cost $3 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.) Print References YouTube Pearson Sign In Maps Activity Stream 20 HW 694 735 5 5 727 units 5 lbs. 3,635 lbs 3,470 1,470 3,675 1,454 Ibs Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per lb. Total budgeted direct materials cost 1,388 lbs