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How do I complete the chart? Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of
How do I complete the chart?
Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 909 pounds. Direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. Note: Round your answers to the nearest whole number. Units to produce Units to produce April 606 May 660 June 638 July 618 ZIRA COMPANY Direct Materials Budget April 606 May June 660 638 units Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases
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