0 Required Information Rutz Co. provides the following sales forecast for the next four months...
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0 Required Information Rutz Co. provides the following sales forecast for the next four months April May June July Sales (units) 610 690 660 730 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 122 units. Assume July's budgeted production is 640 units. In addition, each finished unit requires six pounds (lbs) of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 1,127 pounds Assume direct materials cost $3 per pound Prepare a direct materials budget for April May, and June (Round your Intermediate calculations and final answers to the nearest whole dollar amount.) June 660 058 units RUIZ CO Direct Materials Budget For April, May, and dune April May budgeted production (units) 620 Materials requirements per unit Materials needed for production (bs) Budgeted ending inventory Totaltensreguirements (0) Beginning inventory () Materials to be purchased (0) cost perib Total budgeted direct materials
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