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$ 1 3 , 0 0 0 per month. The company's policy is to end each month with direct materials inventory equal to 3 0

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$13,000 per month. The company's policy is to end each month with direct materials inventory equal to 30% of the next mont materials requirement. At the end of August the company had 2,820 pounds of direct materials in inventory. The company's production budget reports the following.
\table[[Production Budget,September,October,November],[Units to produce,4,700,6,800,5,900]]
(1) Prepare direct materials budgets for September and October.
(2) Prepare direct labor budgets for September and October.
(3) Prepare factory overhead budgets for September and October.
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Prepare direct materials budgets for September and October.
\table[[MCO Leather],[Direct Materials Budget],[,September,October],[Units to produce],[Materials required per unit (pounds)],[Materials needed for production (pounds)],[Add: Beginning materials inventory],[Total materials required (pounds),0,0],[Less: Beginning materials inventory],[Materials to purchase (pounds),0,0],[Budgeted units sales for month],[Cost of direct materials purchases,$,$
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