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Zira Co. reports the following production budget for the next four months, April May June July Production (units) 654 695 687 667 Each finished unit
Zira Co. reports the following production budget for the next four months, April May June July Production (units) 654 695 687 667 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 1177 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.) June 687 units 6 lbs ZIRA CO Direct Materials Budget For April, May, and June April May Budgeted production (units) 654 695 Materials requirements per unit 5 6 Materinis needed for production (bs) Budgeted ending inventory (lbs) Total materials requirements (bs) Beginning inventory (1) Materials to be purchased (lbs) Cost perib $ 35 ars Total budgeted direct materials cost 3 perb
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