Black Diamond Company produces snowboards. Each snowboard requires $3$ pounds of carbon fiber. Management reports that $6,800$ snowboards and $7,800$ pounds of carbon fiber are in inventory at the beginning of the third quarter, and that $168,000$ snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with $5,300$ snowboards and $5,800$ pounds of carbon fiber in inventory. Carbon fiber costs $$17$ per pound. Each snowboard requires $0\mathrm{.}5$ hour of direct labor at $$22$ per hour. Variable overhead is budgeted at the rate of $$12$ per direct labor hour. The company budgets fixed overhead of $$1,800,000$ for the quarter.

Required:

$1.$ Prepare the production budget for the third quarter. Hint: Desired ending inventory units are given.

Budgeted Sales Unit: $?$

Add: Desired ending inventory units: $?$

Total Required units: $?$

Less: Beginning inventory units: $?$

Units $to$ produce: $?$

$2.$ Prepare the direct materials budget for the third quarter.

Units $to$ produce: $?$

Materials required per unit $(pounds)$: $?$

Materials needed for production $(pounds)$: $?$

Add: Desired ending materials inventory $(pounds)$: $?$

Total materials required $(pounds)$: $?$

Less: Beginning materials inventory $(pounds)$: $?$

Materials $to$ purchase $(pounds)$: $?$

Materials cost per pound: $?$

Cost $of$ direct materials purchases: $?$

$3.$ Prepare the direct labor budget for the third quarter.

Units $to$ produce: $?$

Direct labor hours required per unit: $?$

Direct labor hours needed: $?$

Direct labor cost per hour: $?$

Cost $of$ direct labor: $?$

$4.$Prepare the factory overhead budget for the third quarter.

Direct labor hours needed: $?$

Variable overhead rate per direct labor hour: $?$

Budgeted variable overhead: $?$

Budgeted fixed overhead: $?$

Budgeted total factory overhead: $?$