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ved Required Information Ruiz Co provides the following sales forecast for the next four months: Sales (units) April 590 May 678 Jone 628 July 710

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ved Required Information Ruiz Co provides the following sales forecast for the next four months: Sales (units) April 590 May 678 Jone 628 July 710 The company wants to end each month with ending finished goods Inventory equal to 30% of next month's forecasted sales. Finished goods Inventory on April 1 is 177 units. Assume July's budgeted production is 620 units. In addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month with raw materials Inventory equal to 40% of next month's production needs Beginning raw materials inventory for April was 982 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for Apni. 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 500 201 May June 870 201 620 units 201 lbs Budgeted production (units Materials requirements per unit Materials needed for productions Budgeted ending inventory (lbs) Total materials nocuirements (les Beginning inventory (bs Malena's to be purchased Cost part rota budgeted direct materias cost

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