1 Zira Co. reports the following production budget for the next four months. April July May June Production (units) 572 600 606 586 10 polnts Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 572 pounds. Assume direct materials cost $6 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.) Answer is not complete. ZIRA CO. Direct Materials Budget For April, May, and June April May June Budgeted production (units) 606 units 572 600 5 Materials requirements per unit 5 5 lbs 3,030 Materials needed for production (lbs.) 2,860 3,000 lbs. Budgeted ending inventory (lbs.) 606 600 606 lbs. Total materials requirements (Ibs.) 3,460 3,606 lbs. Beginning inventory (Ibs.) Materials to be purchased (lbs.) (572) (606) Ibs. (600) lbs. 2,888 3,006 Cost per lb. 6 S 6 S per lb. 6 18.036 17,328 Total budgeted direct materials cost