Question: show work for each row please. Exercise 20-9 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company provides the following budgeted production for the next

 show work for each row please. Exercise 20-9 (Algo) Manufacturing: Direct

show work for each row please.

Exercise 20-9 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company provides the following budgeted production for the next four months. May April 560 June 660 July 660 Units to produce 690 Each finished unit requires 6 pounds of direct materials. The company wants to end each month with direct materials inventory equal to 25% of next month's production needs. Beginning direct materials inventory for April was 840 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June. RAMOS COMPANY Direct Materials Budget April May June 560 690 660 units 6 6 3,360 4,140 6 pounds 3,960 pounds 990 pounds 990 Units to produce Materials required per unit Materials needed for production (pounds) Add: Desired ending materials inventory (pounds) Total materials required (pounds) Less: Beginning materials inventory (pounds) .................................... Materials to purchase (pounds) Materials cost per pound Cost of direct materials purchases 1,035 4,395 5,130 4,950 pounds (990) pounds 3,960 pounds 2.00 $ 2.00 $ $ $ 2.00 0

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