Required information Ruiz Co. provides the following sales forecast for the next four months: Sales (units) April 568 May 640 June 590 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 224 units. Assume July's budgeted production is 590 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 30% of next month's production needs. Beginning raw materials inventory for April was 1.066 pounds. Assume direct materials cost $6 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the neer whole dollar amount.) RUIZ CO. Direct Materials Budget For April, May, and June April June 3.720 3.756 lbs Budgeted production (units) Materials requirements per unit Materials needed for production (lbs) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs) Cost per lib. Total budgeted direct materials cost (1,066 (1.116) (1.127) is