View History Bookmarks Window Help ezto.mheducation.com M Operating Budgets w Wisco Essay #1.docx w Wisco Essay #2.docx UW System Admis... EK Search results | Ma.. a Levi's Women mework i Saved Help Sa Exercise 20-8 (Algo) Manufacturing: Direct materials budget LO P1 Zira Company reports the following production budget for the next four months. Each finished unit requires four pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 40% of next month's production needs. Beginning direct materials inventory for April was 954 pounds. Direct materials cost $3 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) April May June July Units to produce 596 650 628 608 ZIRA COMPANY Direct Materials Budget April May June Units to produce 596 650 628 units Materials required per unit 0.4 0.4 0.4 pounds ...... Materials needed for production (pounds 238 260 251 pounds Add: Desired ending materials inventory (pounds) 104 100 109 pounds Total materials required (pounds 342 360 360 pounds Less: Beginning materials inventory (pounds) 954 104 100 pounds Materials to purchase (pounds -612 256 151 Materials cost per pound $ 3 $ 3 $ 3 per pound Cost of direct materials purchases $ (1,836) $ 768 $ 453 OCT 15 stv A MacBook Pro Q % & A 5 6 8 O