(in units) Sales Fore cast \& Production Budget April- 805 units May - 900 units June - 1,025 units July - 875 units Ending Direct Materials Inventory by march - 1,408 lbs. Manth April -? Direct Labor Rete may - ? $18/hr. June? Direct Materials Cost $3 lpound Variable over head \$25/direct labor Hour 1. Prepare a direct materials budget for each month of April, May, and June. 2. Assume the company decides to end each month with direct materials inventory equal to 35% of next month's production needs, instead of 40%. How will this decision impact the budgeted cost of direct materials for April? Prepare a direct materials budget for each month of April, May, and June