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H.W CHAP20P1 Saved 2 Zira Co. reports the following production budget for the next four months. Production (units) April 706 May 760 June 738 July
H.W CHAP20P1 Saved 2 Zira Co. reports the following production budget for the next four months. Production (units) April 706 May 760 June 738 July 718 10 points Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 847 pounds. Assume direct materials cost $3 per pound. eBook Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Hint Print ZIRA CO. Direct Materials Budget For April, May, and June April May June References Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per lb. Total budgeted direct materials cost
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