Zira Co. reports the following production budget for the next four months. April May June July Production (units) 676 730 788 688 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 811 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.) June ZIRA CO. Direct Materials Budget For April May, and June April May Materials requirements per unit 676 730 Labor requirements per unit (hrs.) 5 5 Materials needed for production (lbs.) 3,380 3,650 Budgeted ending inventory (lbs) Total materials requirements (lbs) Labor requirements per unit (hrs) Materials to be purchased (lbs.) Cost perib Total budgeted direct materials cost 708 units 5 lbs 3,540 lbs