Zira Co. reports the following production budget for the next four months. Production (units) April 632 HAY 660 June 666 July 646 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 758 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.) May 660 June 666 units 4 lbs. 2.664fios. ZIRA CO. Direct Materials Budget For April, May, and June April Budgated production (units) 632 Materials requirements por unit 4 Materials needed for production (lbs) 2.528 Budgeted ending inventory (lbs.) Total materials requirements (bs) Beginning inventory (lbs) 758 Materials to be purchased (bs) Cost per i $ 5 $ Total budgeted direct materials cost 4 2.640 los 5 $ s perib