Ruiz Co. provides the following sales forecast for the next foor months 610 658 The company wants to end each month with ending finished goods inve sales. Finished goods inventory on April 1 is 212 units, Assume July's budgeted production is 560 units In addition finished unit requires four pounds (lbs) of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production Assume direct materials cost $4 per pound .wy equal to 40% of next month's forecasted needs Beginning raw materials inventory for April was 450 pounds. Exercise 22-4 Manufacturing: Direct materials budget LO P1 Prepare a direct materiais budget for Apri, May, and June (Round your intermediate calculotions and final answers to the nearest whole dollar amount.) Direct Materials Budget For and June 2.248 Prey2