Required information Ramos Co provides the following sales forecast and production budget for the next four months. June Sales (units) Budgeted production (units) April 610 550 May 690 680 640 650 July 710 650 The company plans for finished goods inventory of 230 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 825 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.20 hours of direct labor at the rate of $10 per hour. The company budgets variable overhead at the rate of $14 per direct labor hour and budgets fixed overhead of $9,100 per month Prepare a direct materials budget for April, May, and June RAMOS CO. Direct Materials Budget For April, May, and June April 550 May June Budget production (units) 680 650 units Materials needed for production (lbs) Total materials requirements (lbs.) Materials to be purchased (lbs.) Materials price per pound Budgeted cost of direct materials purchases search o c