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

	April		May		June		July
Sales (units)	530		610		560		650

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 106 units. Assume July's budgeted production is 560 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next months production needs. Beginning raw materials inventory for April was 819 pounds. Assume direct materials cost $5 per pound.

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

Required Informaton Rulz Co. provides the following sales forecast for the next four months: 53 618 Sales (units) 568 658 The company wants to end each month with ending finished goods inventory equal to 20% of ne sales. Finished goods inventory on April 1 Is 106 units. Assume July's budgeted production Is 560o finished unit requtres five pounds (lbs) of raw materials and the company wants to end each mornt inventory equal to 30% of next month's production needs. Beginning raw materials inventory for A Assume direct matertals cost $5 per pound Prepare a direct materials budget for Apri, May, and June. (Round your Intermedlate calculations and fi whole dollar amount.) RUIZ CO Direct Materials Budget For April May, and June Aprit May June Materials needed for production (lbs.) Total materials requirements fbs Materials to be purchased (Ibs) Total budgeted direct materials oest e here to search