Ruiz Co. provides the following sales forecast for the next four months. April May Sales (units) 610 June July 690 640 730 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 183 units. Prepare a production budget for the months of April, May, and June. Next month's budgeted sales (units) Ratio of inventory to future sales RUIZ CO. Production Budget For April, May, and June April May June 690 640 730 30% Required units of available production Units to be produced Zira Co. reports the following production budget for the next four months. Production (units) April 712 May 740 June July 746 726 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 854 pounds. Assume direct materials cost $4 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.) Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost ZIRA CO. Direct Materials Budget For April, May, and June April May June Use the following information to prepare the September cash budget for PTO Co. The following information relates to expected cash receipts and cash payments for the month ended September 30. a. Beginning cash balance, September 1, $47,000. b. Budgeted cash receipts from sales in September, $263,000. c. Raw materials are purchased on account. Purchase amounts are August (actual), $79,000, and September (budgeted), $102,000. Payments for direct materials are made as follows: 70% in the month of purchase and 30% in the month following purchase. d. Budgeted cash payments for direct labor in September, $35,000. e. Budgeted depreciation expense for September, $3,100. f. Other cash expenses budgeted for September, $54,000. g. Accrued income taxes payable in September, $10,900. h. Bank loan interest payable in September, $1,900. PTO MANUFACTURING COMPANY Cash Budget For Month Ended September 30 Beginning cash balance Cash receipts from salos Total cash available Cash payments for $ 47,000 263,000 $310,000 Direct materials Direct labor Other expenses Accrued taxes Interest on bank loan Total cash payments Ending cash balance 35,000 3,100 38,100 $ 271,900 Chec