Required Information Ruiz Co provides the following sales forecast for the next four months: May Sales (units) April 590 June 620 July 710 670 The company wants to end each month with ending finished goods inventory equal to 30% of next month's forecasted sales. Finished goods Inventory on April 1 is 177 units. Assume July's budgeted production is 620 units. In addition, each finished unit requires four pounds (lbs) of raw materials and the company wants to end each month with raw materials Inventory equal to 40% of next month's production needs. Beginning raw materials inventory for April was 982 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and finel answers to the nearest whole collar amount.) RUIZ.CO Direct Materials Budget For April May, and June April May Juno Budgeted production (units) Materials requirements per unit Materials needed for production 1) Budgeted ending inventory (bs) Total materials requirements (63) Beginning inventory (b Materials to be purchased Cost perto Total bodgeted directores con 1 of 0 !!! Next >