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 1,249 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.)   April May June JulyUnits to produce 694 735 727 707

Fill in the Blank QuestionFill in the blank question.A manufacturing company has budgeted production of 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of materials at a cost of $10 per pound. On May 1, there are 2,750 pounds of materials on hand. The company desires an ending materials inventory of 60% of the next month's materials requirements. The total cost of direct materials purchases for May will be $.

zweni Limited uses normal costing system. Given below is the information taken from the records of Ezweni Limited for the year ended 31 March 2024:Inventories01 April 202331 March 2024 RRRaw materials112 500150 000Work in process262 500?Finished goods165 000? Additional information:Raw materials to the value of R1 460 600 were issued to production.Current manufacturing costs comprising of direct material, direct labour and absorbed manufacturing overheads, amount to R4 695 000.Manufacturing overheads absorbed to production amount to 65% of conversion costs.Actual manufacturing overhead costs incurred in the current period amount to R2 018 250. Manufacturing overhead variances are adjusted against the cost of goods sold.Required:Calculate and fill in the missing data in the following statement of cost of goods manufactured and sold by choosing the correct answer from the options provided. RBlank 1Blank 2Blank 3Blank 4Available for useBlank 5Blank 6Blank 7Blank 81 460 600Direct labourBlank 9Manufacturing overheadsBlank 10Blank 114 695 000Blank 12Blank 13Blank 14Blank 15Blank 16Blank 17Blank 184 650 000Blank 19Blank 20Goods available for saleBlank 21Blank 22Blank 23Cost of goods sold at normal capacity4 530 000Blank 24Blank 25Cost of sales (as per income statement)Blank 26

The following company information is available for March. The direct materials price variance is: Direct materials purchased and used 4,700 feet @ $99 per footStandard costs for direct materials for March production 4,800 feet @ $97 per foot

A company has established 7 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 7,200 pounds of Material J that cost $13,080.The direct materials price variance is:Multiple Choice$1,320 unfavorable.$400 unfavorable.$400 favorable.$1,320 favorable.$920 favorable.

Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: Direct materials standard (7 pounds @ $2.35/pound) $ 16.45 per finished unitActual cost of materials purchased $ 392,150  Actual direct materials purchased and used 157,000 pounds