Exercise $20-8($Algo$)$ Manufacturing: Direct materials budget LO P$1$

Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of direct materlals, and the company wants to end each month with direct materlals inventory equal to $30\%$ of next month's production needs. Beginning direct materials inventory for April was $876$ pounds. Direct materials cost $$5$ per pound.

Prepare a direct materials budget for April, May, and June.

Nore: Round your answers to the nearest whole number.

$\backslash$table$[[,$April,May,June,July$],[$Units to produce,$584,625,617,597]]$

$\backslash$table$[[$ZIRA COMPANY$],[$Direct Materials Budget$],[,$April,May,June,$],[$Units to produce,,$584,,625,617,$units$],[$Materials required per unit,,$5.,,5,5,$pounds$],[$Materials needed for production $($pounds$),,2,920,,3,125,3,085,$pounds$],[$Add: Desired ending materials inventory $($pounds$)],[$Total materials required $($pounds$),,2,920,,3,125,3\mathrm{.}085,$pounds$],[$Less: Beginning materials inventory $($pounds$),,876,,938,928,$pounds$],[$Materials to purchase $($pounds$)],[$Materials cost per pound$],[$Cost of direct materials purchases,$$,0,S,0,5,]]$