Only work on part "C"

Req 3

The management of Zigby Manufacturing prepared the following balance sheet for March 31. To prepare a master budget for April, May, and June, management gathers the following information, a. Sales for March total 20,500 units. Budgeted saies in units follow. Apri, 20.500; Moy, 19,500; June, 20,000; and July, 20,500. The product's selling price is $24.00 per unit and its total product cost is $19.85 per unit. b. Raw materials inventory consists solely of direct materials that cost $20 per pound. Company policy calls for a given month's ending materials inventory to equal 50% of the next month's direct materials requirements. The March 31 raw inoterials inventory is 4,925 pounds. The budgeted June 30 ending raw materiais inventory is 4,000 pounds. Each finished unit requires 0.50 pound of direct materials, c. Company polloy calls for a given month's ending finished goods inventory to equal 80% of the next month's budgeted unit sales. The March ai finished goods inventory is 16,400 units. Direct materials budget. (Round per unit values to 2 decimal places.)