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Ruiz Co. provides the following sales forecast for the next four months:

	April		May		June		July
Sales (units)	590		670		620		710

The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 118 units. Assume July's budgeted production is 620 units. In addition, each finished unit requires six pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next months production needs. Beginning raw materials inventory for April was 727 pounds. Assume direct materials cost $5 per pound.

Prepare a production budget for the months of April, May, and June.

Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)

RUIZ CO. Production Budget For April, May, and June April 670 20% May June 710 Next month's budgeted sales 620 Ratio of inventory to future sales Required units of available production Units to be produced RUIZ CO. Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost