$\backslash$table$[[$ZIGBY MANUFACTURING$],[$Direct Materials Budget$],[,$April,May,June,,$],[$Units to produce,$31,520,31,840,32,640,,],[$Materials required per unit $($pounds$),0\mathrm{.}50,0\mathrm{.}50,0\mathrm{.}50,,],[$Materials needed for production $($pounds$),15,760,15,920,16,320,,],[$Add: Desired ending inventory,$7,880,7,960,8,160,,],[$Total materials required $($pounds$),23,640,23,880,24,480,,],[$Less: Beginning materials inventory,$394,7,880,7,960,,],[$Materials to purchase $($pounds$)],[$Materials cost per pound,$20,20,20,$$$,20],[$Cost of direct materials purchases,,,,,$]]$ Cash $ $64,000$ Liabilities

Accounts receivable $551,040$ Accounts payable $ $321,600$

Raw materials inventory $157,600$ Loan payable $12,000$

Finished goods inventory $520,864$ Long$-$term note payable $800,000$ $ $1,133,600$

Equipment $ $960,000$ Equity

Less: Accumulated depreciation $240,000720,000$ Common stock $536,000$

Retained earnings $343,904879,904$

Total assets $ $2,013,504$ Total liabilities and equity $ $2,013,504$

To prepare a master budget for April, May, and June, management gathers the following information Company policy calls for a given month$$s ending finished goods inventory to equal $80\%$ of the next month$$s budgeted unit sales. The March $31$ finished goods inventory is $26,240$ units