Ruiz Co. provides the following sales forecast for the next four months. April 62e May Sales (units) 700 June 650 July 740 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 186 units. Prepare a production budget for the months of April, May, and June. May June 650 740 RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units 700 Ratio of inventory to future sales 30% Budgeted ending inventory (units) Budgeted unit sales for month Required units of available production Budgeted beginning inventory (units) Units to be produced Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory to 20% of next month's production needs. Beginning raw materials inventory for April was 485 pounds. Assume direct materials com $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.) ZIRA 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