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Zira Co. reports the following production budget for the next four months. June July Production (units) 667 647 April 634 May 675 Each finished unit

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Zira Co. reports the following production budget for the next four months. June July Production (units) 667 647 April 634 May 675 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials Inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 634 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 634 May June 675 5 5 Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) 667 units 5 lbs 3,335 lbs. 3,170 3,375 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 634 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.) May 875 June 667 units 5 lbs 3,335 lbs ZIRA CO. Direct Materials Budget For April, May, and June April udgeted production (units) 634 Materials requirements per unit 5 Materiais needed for production (lbs) 3,170 Budgeted ending Inventory (lbs) Total materials requirements (lbs) Beginning inventory (lbs.) Materials to be purchased (lbs) Cost perib $ 5 Total budgeted direct materials cost 3,375 S 4 per lb

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