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Exercise 20-4 Manufacturing: Direct materials budget LO P1 Zira Co. reports the following production budget for the next four months. Production (units) APRIL 572 MAY

Exercise 20-4 Manufacturing: Direct materials budget LO P1

Zira Co. reports the following production budget for the next four months.

Production (units) APRIL 572 MAY 600 JUNE 606 JULY 586
Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next months production needs. Beginning raw materials inventory for April was 1,030 pounds. Assume direct materials cost $3 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.)

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Answer is not complete. ZIRA CO. Direct Materials Budget For April, May, and June

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