Zira Co. reports the following production budget for the next four months. April 686 May Production (units) June 718 July 698 740 Each finished unit requires six 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 1,235 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 April May 686 June 740 718 units 4 4 4 lbs. Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) 2,744 2,960 2,872 lbs. Materials to be purchased (lbs.) Total budgeted direct materials cost The production budget for Manner Company shows units to be produced as follows: July, 570; August, 630; and September, 490. Each unit produced requires one hour of direct labor. The direct labor rate is currently $16 per hour but is predicted to be $16.75 per hour in September Prepare a direct labor budget for the months July, August, and September. MANNER COMPANY Direct Labor Budget For July, August, and September July August September Budgeted production (units) 570 630 490 units Total labor hours needed Budgeted direct labor cost