Q-10

Note:

NOTE: I NEED ACCURATE ANSWERS IN TEXT FORM. Please fulfill the requirement completely.

Lautaro Construction Company determines that 60,000 pounds of direct materials are needed for the production in May and 65,000 pounds are needed for the production in June. There are 4,200 pounds of direct materials on hand at May 1 and the company desires to have 20% of the next month's raw material in inventory at the end each month. The cost per unit of direct materials is $5. Required: Prepare the direct materials budget for the month of May only