Zira Company reports the following production budget for the next four months. Each finished unit requires six pounds of

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Zira Company Reports The Following Production Budget For The Next Four Months Each Finished Unit Requires Six Pounds Of 1 (121.67 KiB) Viewed 40 times

Zira Company reports the following production budget for the next four months. Each finished unit requires six 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 997 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.) June July April 554 May 595 Units to produce 587 567 ZIRA COMPANY Direct Materials Budget April May June Units to produce Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases