Zira Co. reports the following production budget for the next four months April May June July Production (units) 684 725 717 697 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 1,026 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.) ZIRACO Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs) Total materials requirements (lbs) Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and find answers to the nearest whole dollar amount.) ZIRA CO Direct Materials Budget For April, May, and June April May June Materiais needed for production (ib.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost Ruiz Co provides the following sales forecast for the next four months Sales (units) April 620 May 780 Dune 650 July 740 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales Finished goods inventory on April 1 is 124 units Prepare a production budget for the months of April, May, and June May RUIZ CO Production Budget For Aprit, May, and June April Next month's budgeted salos (uni 700 Ratio of inventory to futuro salos 209 Budgeted ending inventory (units) 140 Budgeted unit sales for month 620 Required units of available production 760 Budgeted beginning inventory (units) 124 Units to be produced 6367 650 20% 130 June 740 20% 148 650 798 130 668 700 830 140 6907