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Zira Co reports the following production budget for the next four months Production (units) April 672 May June 700 706 July 686 Each finished unit
Zira Co reports the following production budget for the next four months Production (units) April 672 May June 700 706 July 686 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 1210 pounds. Assume direct materials cost $3 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 672 0 4002 May 700 6 4200 June 700 units obs 4.236 ludoted production (units) Materials requirements per unit Materiais needed for production () Budgeted ending inventory (lbs) Total materials requirements (lbs) Beginning inventory (los) Materials to be purchased (lbs) Cost perib Total budgeted direct materials cost $ $ 3 perib
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