Ramos Company provides the following budgeted production for the next four months. Units to produce April 630 May June 760 730 July 730 Each finished unit requires 5 pounds of direct materials. The company wants to end each month with direct materials inventory equal to 20% of next month's production needs. Beginning direct materials inventory for April was 630 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June. Units to produce Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Materials cost per pound Cost of direct materials purchases RAMOS COMPANY Direct Materials Budget April May June 630 760 730 units