ent (Chapters 19&20) Saved Sales units) 580 bbo 610 700 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales, Finished goods inventory on April 1 is 174 units. Assume July's budgeted production is 610 units. In addition, each finished unit requires six pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 1,087 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the near whole dollar amount.) RUIZ CO. Direct Materials Budget For April May, and June April May June Budgeted production (units) Materials needed for production (lbs) Total materials requirements (lbs) Materials to be purchased (lbs) Total budgeted direct materials cost