Zira Co. reports the following production budget for the next four months. April May June 534...

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Zira Co. reports the following production budget for the next four months. April May June 534 575 567 July 547 Production (units) Each finished unit requires six 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 1,282 pounds. Assume direct materials cost $4 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.) ZIRA CO. Direct Materials Budget For April, May, and June April June Budgeted production (units) 534 567 units Materials requirements per unit 6 6 lbs. Materials needed for production (lbs.) 3,204 3,402 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 $ 4 $ May 575 6 3,450 4 $ 4 per lb. Zira Co. reports the following production budget for the next four months. April May June 534 575 567 July 547 Production (units) Each finished unit requires six 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 1,282 pounds. Assume direct materials cost $4 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.) ZIRA CO. Direct Materials Budget For April, May, and June April June Budgeted production (units) 534 567 units Materials requirements per unit 6 6 lbs. Materials needed for production (lbs.) 3,204 3,402 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 $ 4 $ May 575 6 3,450 4 $ 4 per lb.

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