Need help with, "Budgeted Beginning Inventory October" on Req. 1.

need help with "total direct labor hours on Req. 3.

Exercise 20-15 Manufacturing: Direct materials, direct labor, and overhead budgets LO P1 MCO Leather manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 07 direct labor hours at a rate of $13 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $19.000 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 2,780 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget September October November Units to be produced 5.400 6.700 6.300 (1) Prepare direct materials budgets for September and October (2) Prepare direct labor budgets for September and October (3) Prepare factory overhead budgets for September and October. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct materials budgets for September and October. MCO Leather Required 1 Required 2 Required 3 Prepare direct materials budgets for September and October. MCO Leather Direct Materials Budget For the Months of September and October September October Budgeted production (units) 5,400 6,700 Materials requirements per unit (lbs.) 2 2 Materials needed for production (lbs.) 10,800 13,400 Budgeted ending inventory (lbs.) 5,360 5,040 Total materials requirements (lbs.) 16,160 18,440 Budgeted beginning inventory (lbs.) 2.780 Materials to be purchased (lbs.) 13,380 18,440 Direct material cost per lb. $ $ 4 Total budgeted direct materials $ 53,520 $ 73,760 4 Required 2 (2) Prepare direct labor budgets for September and Utober. (3) Prepare factory overhead budgets for September and October Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requires 3 Prepare factory overhead budgets for September and October MCO Leather Factory Overhead Budget For the Months of September and October September October Total direct labor hours needed VOH rate per DL hour $ 4 $ Budgeted variable overhead 0 0 Budgeted fixed overhead $ 19,000 $ 19,000 Total budgeted factory overhead $ 19,000 $ 19,000