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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
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 683 pounds. Direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) April 455 Units to produce May 570 June 560 July 540 ZIRA COMPANY Direct Materials Budget April May June Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Budgeted units sales for month Labor rate (per hour) Labor requirements per unit (hours) Materials cost per pound Labor requirements per unit (hours) Materials cost per pound Materials required per unit Materials to be purchased Units to produce | ZIRA COMPANY Direct Materials Budget April May June + Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases
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