Ruiz Co. provides the following sales forecast for the next four months: April May June July 680 Sales (units) 560 640 590 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 112 units. Assume July's budgeted production is 590 units. In addition, each finished unit requires six pounds (Ibs.) 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 1,037 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.) RUIZ CO Direct Materials Budget For April, May, and June April May June Budgeted production (units) 608 units 6 lbs. 3,648 lbs 576 630 aterials requirements per unit Materials needed for production (Ibs.) 3,456 3,780 udgeted ending inventory (Ibs.) Total materials requirements (Ibs.) Beginning inventory (lbs.) Materials to be purchased (Ibs.) Total budgeted direct materials cost