Zira Co. reports the following production budget for the next four months.

	April		May		June		July
Production (units)	524		565		557		537

Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next months production needs. Beginning raw materials inventory for April was 1,048 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June

13 Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) 5 points ZIRA CO. Direct Materials Budget For April, May, and June May 524 April June eBook 565 557 units Hint Print References Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per lb Total budgeted direct materials cost