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Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of direct materials, and the company

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Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 30% of next month's production needs. Beginning direct materials inventory for April was 1,011 pounds. Direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) Units to produce April 674 May June July 715 707 687 ZIRA COMPANY Direct Materials Budget April May June Units to produce Materials required per unit 674 715 707 units 5 5 5 pounds Materials needed for production (pounds) 3,370 3,575 3,535 pounds Add: Beginning materials inventory (pounds) Total materials required (pounds) 3,370 3,575 3,535 pounds Materials to purchase (pounds) Cost of direct materials purchases $ 0 $ 0 $ 0

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