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 20% of next month's production needs. Beginning direct materials inventory for April was 694 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.) April Hay 735 June 727 July 707 Units to produce 694 ZIRA COMPANY Direct Materials Budget April May June Materials needed for production (pounds) Total materials required pounds) Materials to purchase (pound Cost of direct materials purchases Zisk Company purchases direct materials on credit Budgeted purchases are April, $85,000, May, $115,000, and June, 5125,000. Cash payments for purchases are 75% in the month of purchase and 25% in the first month after purchase Purchases for March are $75,000 Prepare a schedule of cash payments for direct materials for April May, and June April May June Current period purchases Ending accounts payable Total purchases 75% 25% May June 215K COMPANY Schedule of Cash Payments for Direct Materials April Cash payments for Current period purchases Prior period purchases Total cash payments