Ramos Company provides the following budgeted production for the next four months. April May June July Units to produce 540 670 648 640 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 540 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June. RAMOS COMPANY Direct Materials Budget April May June Units to produce 540 870 640 units Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Materials cost per pound Cost of direct materials purchases