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Zira Co, reports the following production budget for the next four months. Production (units) April 612 May 640 June 646 July 626 Each finished unit
Zira Co, reports the following production budget for the next four months. Production (units) April 612 May 640 June 646 July 626 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 734 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.) 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 734 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) 1 6 12 640 646 units Materials requirements per unit 444 lbs. Materials needed for production (lbs.) 2,448 2,560 2,584 lbs. Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per lb. bi per lb. Total budgeted direct materials cost
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