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Zira Co. reports the following production budget for the next four months. April 714 July Production (units) May 755 June 1747 Each finished unit requires
Zira Co. reports the following production budget for the next four months. April 714 July Production (units) May 755 June 1747 Each finished unit requires four 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 857 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your Intermedlate calculatlons and final answers to the nearest whole dollar amount.) ZIRA CON Direct Materials Budget For April, May, and June April May June Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost
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