San Antonio Furniture Company makes two products: bookshelves and rocking chairs. The following information is available for September:

a. Production requirements:

b. Levels of inventories:

Required:
1. Prepare the production budget, assuming that the company expects to sell 40 bookshelves and 50 rocking chairs in September.
2. Based on the production budget and the desired ending inventory level, prepare the direct materials usage and purchases budget for September. (Note: Direct materials purchases are paid for at the time of the purchase.)
3. Based on the production budget, prepare the direct labor budget for September.
4. Based on the production budget, prepare the manufacturing overhead budget for September.
5. Based on the operations budgets prepared above, prepare the budgeted product cost sheets for bookshelves and rocking chairs forSeptember.

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Bookshelves Rocking Chairs Materials needed: Wood 100 board feet at $0.90 per foot 2 gallons at $9 per gallon 1 dozen at S1.50 per dozen 90 board feet at $0.90 per foot 3 gallons at $9 per gallon 1% dozen at S1.50 per dozen 10 hours at S8.50 per hour 10 hours at $4 per direct Stain Bolts, nuts, etc. Direct labor. Variable manufacturing overhead. 12 hours at $8.50 per hour 12 hours at $4 per direct labor hour labor hour Fixed manufacturing overhead". $1,521 per month "Fixed manufacturing overhead is assigned to products using direct labor hours.