Question Comprehensive budgeting problem; activity-based costing, operating and financial budgets. Tyva makes a very popular undyed cloth sandal in one style, but in Regular and Deluxe. The Regular sandals have cloth soles and the Deluxe sandals have cloth-covered wooden soles. Tyva is preparing its budget for June 2015 and has estimated sales based on past experience. Other information for the month of June follows Input Price:s Direct materials $5.25 per yard S7.50 per board foot S15 per direct manufacturing labor-hour Cloth Wood Direct manufacturing labor Input Quantities per Unit of Output (per pair of sandals) Deluxe Regular 1.3 yards 5 hours Direct materials 1.5 yards Cloth Wood Direct manufacturing labor-hours (DMLH) Setup-hours per batch 2 b.f. 7 hours 3 hours 2 hours Inventory Information, Direct Materials Beginning inventory Target ending inventory Cost of beginning inventory Cloth 610 yards 386 yards $3,219 Wood 800 b.f 295 b.f. $6,060 Tyva accounts for direct materials using a FIFO cost flow assumption