Zira Co. reports the following production budget for the next four months.

Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next months production needs. Beginning raw materials inventory for April was 1,088 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June.

Production (units) de April 544 Production (units) May 585 June 577 montering July 557 ZIRA CO. Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs.) | Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost