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Ramos Company provides the following budgeted production for the next four months. April May June July Units to produce 580 710 680 680 Each finished
Ramos Company provides the following budgeted production for the next four months. April May June July Units to produce 580 710 680 680 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 months production needs. Beginning direct materials inventory for April was 580 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June
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