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Exercise 20-8 (Algo) Manufacturing: Direct materials budget LO P1 Zira Company reports the following production budget for the next four months. Each finished unit requires
Exercise 20-8 (Algo) Manufacturing: Direct materials budget LO P1 Zira Company reports the following production budget for the next four months. Each finished unit requires four pounds of direct materlals, and the company wants to end each month with direct materlals inventory equal to 40% of next month's production needs. Beginning direct materlals Inventory for Aprll was 902 pounds. Direct materlals cost $6 per pound. Prepare a direct materlals budget for Aprll, May, and June. (Round your answers to the nearest whole number.)
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