Zira Co. reports the following production budget for the next four months Production (units) April 694 May 735 Dune 722 July 202 Each finished unit requires four 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 555 pounds Assume direct materials cost $5 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 694 5 May June 735 727 units 5 lbs 5 5 Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per lb. Total budgeted direct materials cost $ 5 $ 5 $ 5 per lb