v

15 Ramos Company provides the following budgeted production for the next four months 17 boint April . Units to produce July 660 770 720 740 Each finished unit requires 5 pounds of direct materials. The company wants to end each month with direct materials inventory equal to 30% of next month's production needs Beginning direct materials inventory for April was 960 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June Answer is not complete. May 770 June 740 units o RAMOS COMPANY Direct Materials Budget April Uits to produce 640 Materials required per unit Materials needed for production (pounds) Add Desired ending materials inventory (pounds) Total material requirements pounds Less Beginning materials inventory (pounds) Materials to purchase pounds) Materials cont per pound Cost of direct materials purchases 10