Learning Objective $3$Question Content AreaSales, Production, Direct Materials Purchases, and Direct Labor CostThe budget director of Peaky Blinders Furniture Company requests estimates of sales, production, and other operating data every month. Selected information concerning sales and production for March is summarized as follows:a$.$ Estimated sales of Thomas and Polly chairs for March by sales territory:Birmingham:Product NameDataThomas$8,000$ units at $$900$ per unitPolly$7,000$ units at $$700$ per unitLondon:Product NameDataThomas$6,000$ units at $$800$ per unitPolly$6,500$ units at $$650$ per unitInternational:Product NameDataThomas$4,500$ units at $$600$ per unitPolly$1,000$ units at $$350$ per unitb. Estimated inventories at March $1$:Direct materials:DepartmentData Fabric$2,750$ sq$.$ yds$.$ Wood$6,850$ lineal ft$.$ Filler$1,900$ cu$.$ ft$.$ Springs$3,500$ units Finished products:Product NameUnits Completed Thomas$1,000$ units Polly$150$ unitsc. Desired inventories at March $31$:Direct materials:DepartmentData Fabric$4,500$ sq$.$ yds$.$ Wood$10,000$ lineal ft$.$ Filler$2,500$ cu$.$ ft$.$ Springs$7,500$ units Finished products:Product NameUnits Completed Thomas$1,000$ units Polly$450$ unitsd. Direct materials used in production:In manufacture of Thomas:DepartmentData Fabric$2\mathrm{.}0$ sq$.$ yds$.$ per unit of product Wood$8$ lineal ft$.$ per unit of product Filler$3\mathrm{.}8$ cu$.$ ft$.$ per unit of product Springs$7$ units per unit of product In manufacture of Polly:DepartmentData Fabric$2\mathrm{.}5$ sq$.$ yds$.$ per unit of product Wood$6$ lineal ft$.$ per unit of product Filler$3\mathrm{.}2$ cu$.$ ft$.$ per unit of product Springs$5$ units per unit of product e$.$ Anticipated purchase price for direct materials:DepartmentDataFabric$$10\mathrm{.}00$ per sq$.$ yd$.$ Wood$5\mathrm{.}00$ per lineal ft$.$Filler$$1\mathrm{.}50$ per cu$.$ ft$.$ Springs$3\mathrm{.}00$ per unit f$.$ Direct labor requirements:Thomas:DepartmentData Framing Department$2\mathrm{.}5$ hrs$.$ at $$30$ per hr$.$ Cutting Department$1\mathrm{.}0$ hr$.$ at $$24$ per hr$.$ Upholstery Department$3\mathrm{.}0$ hrs$.$ at $$32$ per hr$.$Polly:DepartmentData Framing Department$1\mathrm{.}5$ hrs$.$ at $$30$ per hr$.$ Cutting Department$0\mathrm{.}5$ hr$.$ at $$24$ per hr$.$ Upholstery Department$2\mathrm{.}0$ hrs$.$ at $$32$ per hr$.$

Required:

Prepare a direct materials purchases budget for march

Prepare a direct labor cost budget for march.