Question
Zira Co. reports the following production budget for the next four months. Production (units) April 584 May 625 June 617 July 597 Each finished unit
Zira Co. reports the following production budget for the next four months. Production (units) April 584 May 625 June 617 July 597 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 1,051 pounds. Assume direct materials cost $5 per pound. swers to the nearest Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answe whole dollar amount.) Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost o search ZIRA CO. Direct Materials Budget For April, May, and June April May June
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