Each finished unit requires six 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 698 pounds. Assume direct materials cost $6 per pound Prepare a direct materiais 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 May June Budgeted ending inventory (lbs.) Materials needed for production (lbs) Total materials requirements (lbs) Materials to be purchased (lbs.) Total budgeted direct materials cost Zira Co. reports the following production budget for the next four months. Production (units) April 582 May 610 June 616 July 596