These are two questions from Managerial Accounting. Please assist

The company wants to end each month with ending finished goods inventory equal to 20% of next month?s sales. Finished goods inventory on April 1 is 138 units. Assume July?s budgeted production is 720 units. In addition, each finished unit requires five 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 706 pounds. Assume direct materials cost $5 per pound.

Prepare a direct materials budget for April, May, and June.

Hospitahle Co. provides the following sales forecast for the next four months: Aprl May June July Salesiunits} 000 TTO T20 T20 The company wants to end each month with ending nished goods inventory equal to 20% of next month's sales. Finished goods inventory on April '1 is 130 units. Assume July's budgeted production is T20 units. In addition, each nished unit requires ve 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 T00 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. m I Materials needed for production m_m_