Solved: 70 4 points Exercise 20-8 (Algo) Manufacturing: Direct materials budge

Question

70 4 points Exercise 20-8 (Algo) Manufacturing: Direct materials budget LO P1 Zira Company reports the following production budget for the next four months. Each finished unit requires four pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 40% of next month's production nee Beginning direct materials inventory for April was 1,059 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.) eBook Hint Units to produce April 662 May 690 June 696 July 676 Print References Mc Graw Units to produce Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases ZIRA COMPANY Direct Materials Budget April May June < Prev 4 of 6 Next >