Black Diamond Company produces snowboards. Each snowboard requires 2 pounds of carbon ber. Management reports that 6,000 snowboards and 7,000 pounds of carbon fiber are in inventory at the beginning ofthe third quarter, and that 160,000 snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with 4,500 snowboards and 5,000 pounds of carbon fiber in inventory. Carbon fiber costs $25 per pound. Each snowboard requires 0.5 hour of direct labor at $30 per hour. Variable overhead is budgeted at the rate of $18 per direct labor hour. The company budgets fixed overhead of $1.792,000 for the quarter. 3. Prepare the direct labor budget for the third quarter. Units to produce b Cost of direct labor