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Zira Co. reports the following production budget for the next four months. Production (units) April 576 May 638 June 688 July 588 Each finished unit

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Zira Co. reports the following production budget for the next four months. Production (units) April 576 May 638 June 688 July 588 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 691 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 units ZIRA CO. Direct Materials Budget For April May, and June April May Budgeted production (units) 888 Materials requirements per unit Materials needed for production (lbs) Budgeted ending inventory (lbs) Total materials requirements (lbs) Beginning inventory (bs) Materials to be purchased (lbs.) Cost per lb. Total budgeted direct materials cost

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