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.. Q Searc 3 Ramos Co. provides the following sales forecast and production budget for the next four mon Sales (units) Budgeted production (units) 580

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.. Q Searc 3 Ramos Co. provides the following sales forecast and production budget for the next four mon Sales (units) Budgeted production (units) 580 530 600 442 570 544 540 points The company plans for finished goods inventory of 120 units at the end of June. In ad pounds of direct materials and the company wants to end each month with direct mater month's production needs pound. Ea overhead at the rate of $20 per direct labor hour and budge dition, each finished unit requires 5 ials inventory equal to 30% of next ch finished unit requires 0.50 hours of direct labor at the rate of $16 per hour. The company Beginning direct materials inventory for April was 663 pounds. Direct materials cost $2 per ts fixed overhead of $8,000 per month. Exercise 20-8 Manufacturing: Direct materials b udget LO P1 Prepare a direct materials budget for Apil, May, and June. s co. Direct Materials Budget April (units) 442 570 544 units (ibs )

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