Question: Jiz Help Save & Ext Required information Ramos Co. provides the following sales forecast and production budget for the next four months May Sales (units)

 Jiz Help Save & Ext Required information Ramos Co. provides the

Jiz Help Save & Ext Required information Ramos Co. provides the following sales forecast and production budget for the next four months May Sales (units) Budgeted production (units) June 710 720 July 780 720 759 The company plans for finished goods inventory of 300 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 930 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.60 hours of direct labor at the rate of $17 per hour. The company budgets variable overhead at the rate of $21 per direct labor hour and budgets fixed overhead of $9,800 per month Prepare a direct materials budget for April May, and June

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