A manufacturer's production budget shows 3,780 units to produce in April, and 3,980 units to produce in May. Each finished unit requires 6 pounds of direct materials and 2 direct labor hours. Direct materials cost $4 per pound and the direct labor rate is $42 per hour. Variable overhead is budgeted at $3 per direct labor hour. Budgeted fixed overhead is $6,580 per month. The company maintains 40% of next month's direct materials requirement in direct materials inventory at the end of each month. At the end of March. the company had 9,072 pounds of direct materials in inventory. 54 Enter answers in the tabs below. Required 11 Required 2 Required 3 Prepare a direct materials budget for April. Direct Materials Budget April Units to produce Materials needed for production. (pounds) Total materials required (pounds) Matenals to purchase (pounds) Cost of direct matenals purchases Required Required 2 > Required 1 Required 2 Required 3 Prepare a direct labor budget for April. Direct Labor Budget Units to produce Direct labor hours needed Cost of direct labor April < Required 1 Required 3 Required 1 Required 2 Required 3 Prepare a factory overhead budget for April. Factory Overhead Budget April Direct labor hours needed Budgeted variable overhead Budgeted total factory overhead