***** PLEASE ANSWER ALL 3 REQUIREMENTS BELOW ******

Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 7 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hours at a rate of $14 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $3,900 per month. The company's policy is to maintain direct materials inventory equal to 30% of the next month's materials requirement. At the end of February the company had 5,180 pounds of direct materials in inventory. The company's production budget reports the following. (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. \begin{tabular}{|l|l|l|} \hline Required 1 & Required 2 & Required 3 \\ \hline \end{tabular} Prepare direct materials budgets for March and April. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ ORNAMENTAL SCULPTURES MFG. } \\ \hline \multicolumn{1}{|l|}{ Direct Materials Budget } \\ \hline For the Months of March and April & March & April \\ \hline Budgeted production (units) & & \\ \hline Materials requirements per unit (lbs.) & & \\ \hline Materials needed for production (lbs.) & & \\ \hline Budgeted ending inventory (lbs.) & & \\ \hline Total materials requirements (lbs.) & & \\ \hline Budgeted beginning inventory (Ibs.) & & \\ \hline Materials to be purchased (lbs.) & & \\ \hline Direct material cost per lb. & & \\ \hline Total budgeted direct materials & & \\ \hline \end{tabular} Required 1 Prepare direct labor budgets for March and April. \begin{tabular}{|l|l|l|} \hline \multicolumn{3}{|c|}{ ORNAMENTAL SCULPTURES MFG. } \\ \hline \multicolumn{3}{|c|}{ Direct Labor Budget } \\ \hline \multicolumn{3}{|c|}{ For the Months of March and April } \\ \hline Budgeted production (units) & & \\ \hline DL hours required per unit & & \\ \hline Total direct labor hours needed & & \\ \hline Direct labor rate per hour & & \\ \hline Total budgeted direct labor & & \\ \hline \end{tabular} Prepare factory overhead budgets for March and April