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Seved Help Zira Company reports the following production budget for the next four months. Each...

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Accounting

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Seved Help 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 40% of next month's production needs. Beginning direct materials inventory for April was 1,164 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 582 May 610 June 616 July 596 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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