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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

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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 20% of next month's production needs. Beginning direct materials inventory for April was 526 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 526 May 580 June 558 July 538 Units to produce ZIRA COMPANY Direct Materials Budget April May June Units to produce 5 pounds 0 0 0 0 0 0 Materials needed for production (pounds) Add: Desired ending materials inventory (pounds) Total materials required (pounds) Less: Beginning materials inventory (pounds) Materials to purchase (pounds) Materials cost per pound Cost of direct materials purchases $ 5 s 5 $ 5 s 5 $ 5 per pound 5 $

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