LUILLU/Flow/connect.html Homework Saved Help Save & Exit Sube Check my work Required information [The following information applies to the questions displayed below.) Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 6,100 skis and 7100 pounds of carbon fiber will be in inventory on June 30 of the current year and that 161,000 skis will be sold during the next (third) quarter. A set of two skis sells for $410. Management wants to end the third quarter with 4,600 skis and 5,100 pounds of carbon fiber in inventory Carbon fiber can be purchased for $10 per pound. Each ski requires 0.5 hours of direct labor at $15 per hour. Variable overhead is applied at the rate of $5 per direct labor hour. The company budgets fixed overhead of $1,793,000 for the quarter 3. Prepare the direct labor budget for the third quarter. BLACK DIAMOND COMPANY Direct Labor Budget Third Quarter Units to be produced Labor requirements per unit (hours) 1 of 6 8 Prey Next > Saved Hel year and that 161,000 skis will be sold during the next (third) quarter. A set of two skis sells for $410. Mana wants to end the third quarter with 4,600 skis and 5,100 pounds of carbon fiber in inventory. Carbon fiber purchased for $10 per pound. Each ski requires 0.5 hours of direct labor at $15 per hour. Variable overhea applied at the rate of $5 per direct labor hour. The company budgets fixed overhead of $1793.000 for the 3. Prepare the direct labor budget for the third quarter. BLACK DIAMOND COMPANY Direct Labor Budget Third Quarter Units to be produced Labor requirements per unit (hours) Total labor hours needed Direct labor rate (per hour) Budgeted direct labor cost