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Zira Co. reports the following production budget for the next four months. April 574 Production (units) May 615 June 607 July 587 8 00:41:07 Each

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Zira Co. reports the following production budget for the next four months. April 574 Production (units) May 615 June 607 July 587 8 00:41:07 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 574 pounds. Assume direct materials cost $6 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.) ZIRA CO. Direct Materials Budget For April, May, and June April May June Budgeted production (units) Materials needed for production (lbs.) Total materials requirements (lbs.) Materials to be purchased (lbs.) Total budgeted direct materials cost

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