zira Co Direct Materials budget

Transcribed image text: Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 1041 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the nearest whole dollar amount.) ZIRA CO. Direct Materials Budget For April, May, and June Apr Budgeted production (units) 694 Materials requirements per unit Materials needed for production (lbs) Budgeted ending inventory (lbs) Total materials requirements (bs) Beginning inventory (bs) (1,041 Materials to be purchased (lbs) Cost perib Total budgeted direct materials cost Zira Co. reports the following production budget for the next four months. Production (unita) April 694 May 735 June 727 July 707 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 1,041 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the nearest whole dollar amount.) 694 727 units 5 lbs 3.635 lbs Direct Materials Budget For April, May, and June Apri Mary Budgeted production (units) 735 Materials requirements per unit Materials needed for production (lbs.) 3.470 3.675 Budgeted ending inventory (lbs) Total materials requirements (bs) Beginning inventory (lbs) Materials to be purchased (lbs) Cost per lb. Total budgeted direct materials cost perb