Question
Zira Co. reports the following production budget for the next four months. April 626 July 638 May June Production (units) 680 658 Each finished
Zira Co. reports the following production budget for the next four months. April 626 July 638 May June Production (units) 680 658 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 1,127 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.)
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
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1260247988, 978-1260247985
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