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Exercise 20-4 Manufacturing: Direct materials budget LO P1 Zira Coreports the following production budget for the next four months. Production (units) 546 June 578 600

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Exercise 20-4 Manufacturing: Direct materials budget LO P1 Zira Coreports the following production budget for the next four months. Production (units) 546 June 578 600 558 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 month's production needs. Beginning raw materials inventory for April was 983 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 nearest whole dollar amount.) ZIRA CO Direct Materials Budget For April May, and June May June Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the nearest wwhole dollar amount.) ZIRA CO. Direct Materials Budget For April, May, and June April May June Materials needed for production (bs) Total materials requirements (lbs) Misterials to be purchased (s) Total budget direct materials cost

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