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Please help as soon as possible Zira Co. reports the following production budget for the next four months. Production (units) April 664 May 705 June
Please help as soon as possible
Zira Co. reports the following production budget for the next four months. Production (units) April 664 May 705 June 697 July 677 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 797 pounds. Assume direct materials cost $3 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) ZIRA CO. Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials costStep by Step Solution
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