Chapter 7 question 4In the blue chart it has fill in the blanks asking for Budgeted production (units)DL hours required per unit Total direct labor hours needed Direct labor rate per hourTotal budgeted direct labor

Help Save & Exit Submit Check my work MCO Leather manufactures leather purses. Each purse requires 3 pounds of direct materials at a cost of $5 per pound and 0.7 direct labor hours at a rate of $14 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $16,000 per month. The company's policy is to end each month with direct materials inventory equal to 40% of the next month's materials requirement. At the end of August the company had 4,180 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget September October November Units to be produced 5, 600 7,000 6, 300 bed (1) Prepare direct materials budgets for September and October. OK (2) Prepare direct labor budgets for September and October. (3) Prepare factory overhead budgets for September and October. nt int Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct labor budgets for September and October. (Round "DL hours required per unit" answers to one decimal place.) MCO Leather