mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https625346252F6252FIms.mheducation.com%6252Fmghmiddleware/k2 c Budgeting, Pro-forma Financial Statements Assi.. () Saved Zira Company reports the following production budget for the next four months, Each finished unit requires five 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 1,029 pounds. Direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) April Hay June July Units to produce 686 740 718 698 ZIRA CO. Direct Materials Budget April May June Units to produce 740 718 units Materials roquired per uni 5 5 5 0s Materials needed for production (s ) 3.430 3,700 3.590 bs Add Desired ending materials inventory jobs) 1.110 1,077 Total materials required (bs.] 4,540 4,777 3,590 Ibs Less Bog inning materials inventory (bs) 1,020 Ibis Matonals to purchase (Ibs.) Materials cost per pound 5 5 5 por b Cost of direct materia's purchases 5 $ 5 5 5