Prepare direct materials for March & April

Prepare direct labor budgets for March & April

Prepare factory overhead budgets as well

Omamental Sculptures Mig manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor hours at a rate of $14 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour Fixed manufacturing overhead is $4700 per month The company's policy is to maintaindirect 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 Production Budget March April May Units to be produced 3, 600 5,400 ,100 (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. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Prepare direct materials budgets for March and April. ORNAMENTAL SCULPTURES MFG. Direct Materials Budget C Prev 7 of 12 Next >