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

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Zira Company Reports The Following Production Budget For The Next Four Months Each Finished Unit Requires Five Pounds O 1 (67.96 KiB) Viewed 29 times

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.) Units to produce April 455 May 570 June 560 July 540 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