Help Save & Exit Submit Check my work Required information Ramos Co provides the following sales forecast and production budget for the next four months. April May S20670 June Sales (units) Budgeted production (units) July 530 660 The company plans for finished goods inventory of 210 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 795 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.50 hours of direct labor at the rate of $20 per hour. The company budgets variable overhead at the rate of $24 per direct labor hour and budgets fixed overhead of $8,900 per month ences Prepare a direct materials budget for April May, and June. RAMOS CO. Direct Materials Budget For April, May, and June April Activate Windows R atnndurinn unte 44 2/2 ere to search Prepare a direct materials budget for April, May, and June. Check my work RAMOS CO. Direct Materials Budget For April, May, and June April May Budget production (units) 530 660 630 units Materials needed for production (lbs) Total materials requirements (lbs) Materials to be purchased (lbs.) Materials price per pound Budgeted cost of direct materials purchases Activate Windows 4 AW.441 22000 ere to search