Exercise 20-4 Manufacturing: Direct materials budget LO P1 Prepare a direct materials budget for April, May. and June. (Round your intermediate calcl nearest whole dollar amount.) Total budgetedcrewman-almost - Ruiz (:0. provides the following sales forecast for the next four months: April May June July Sales (units) 520 600 550 640 The company wants to end each month with ending nished goods inventory equal to 30% of next month's forecasted sales. Finished goods inventory on April 1 is 156 units. Assume July's budgeted production is 550 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 979 pounds. Assume direct materials cost $4 per pound. \\ Exercise 20-4 Manufacturing: Direct materials budget LO P1 Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)