6 Scholastic Furniture, Inc. manufactures a variety of desks, chairs, tables, and shelf units that are sold to public school systems throughout the Midwest. The controller of the company's Desk Division second quarter of the year. The following sales forecast has been made by the division's sales manager currently preparing a budget for the 10 points desk-and April 10,000 chair sets 12,000 desk-and- chair sets May 15,000 desk-and- chair sets June Each desk-and-chair set requires 10 board feet of pine planks and 1.5 hours of direct labor. Each set sells for $50. Pine planks cost $.50 per board foot, and the division ends each month with enough wood to cover 10 percent of the next month's production requirements. The division incurs The division ends each month with enough finished-goods inventory to cover 20 percent of the next month's sales. cost of $20 per hour for direct-labor wages and fringe benefits. Required: Complete the following budget schedules. 1. Sales budget. 2. Production budget (in sets). purchases. 4, Direct-labor budget. Answer is not complete. Complete this question by entering your answers in the tabs below. Required Required Required Required 1 3 Direct-labor budget: (Round "Direct labor hours per set" to 1 decimal place.) April May June Planned production (sets) Direct-labor hours 12,600 12,000X 10,400 1.5 1.5 1,5 per set Direct-labor hours 18,000 15,600 18,900 required Cost per hour Planned direct labor cost 20 C 312,000 Required 3 Required 4>