Exercise $20-15($Static$)$ Manufacturing: Direct materials, direct labor, and overhead budgets LO PI

MCO Leather manufactures leather purses. Each purne requires $2$ pounds of diect materlals at a cost of $$4$ per pound and $08$ anst labor hour at a rate of $$16$ per hour. Varisble ovecheas is budgeted at a sate of $$2$ per direct labor hout Budgeted fred overhend is materials requirement. At the end of August the compery had $3\mathrm{.}680$ pounds of drect materials in inventory. The compacys prodiction budget reports the following.

Productien Budpet Units to produce

September bctaber Novesber:

$4,6be,6,26e,5,100$

$(1)$ Prepare direct materiats budgets for Soptember Mnd Ocwabec.

$(2)$ Prepare direct isbor budgets for September and Octaber.

$(3)$ Prepare factory everhead budgets for September and Octaber

Complete this question by entering yeur answers in the tabs below.

Aequired I

Required a

Finquired $3$

Frepare direct materisis budpess for Seppember and Ocseber.

$\backslash$table$[[$Mcolanther$],[$Direat Maleriels Buipet,Oencilar$],[,,],[$Units is produce,,$],[,4,0.],[$Matertals reeeded for production $($pounas$),,],[,8,4],[$Tolal materials requined $($pounds$),,],[,0,8],[$Malerials is purchave $($pounds$),,5$