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Required information Ramos Co. provides the following sales forecast and production budget for the next four months Sales (units) Budgeted production (units) April May une

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Required information Ramos Co. provides the following sales forecast and production budget for the next four months Sales (units) Budgeted production (units) April May une July 678 75 70 770 610 740 710 710 The company plans for finished goods inventory of 290 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 nventory equal to 20% of ne month's production needs. Beginning direct materials inventory for April was 610 pounds. Direct materials cost $2 per pound. Each finished unit requires 0.50 hours of direct labor at the rate of $16 per hour. The company budgets variable overhead at the rate of $20 per direct labor hour and budgets fixed overhead of $9,700 per month. Prepare a direct materials budget for April, May, and June. RAMOS Co. Disect Materials Budget For April, May, and June Budget production (units) 610 140 710 units Materials needed for production (Ibs) Total materials requirements (bs) Malerias price per pound Budgeted cost of direct materials purchases DOLL

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