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Chapter 7 question 4The blue chart has fill in the blanksTotal direct labor hours neededVOH rate per DL hour Budgeted variable overhead Budgeted fixed overhead

Chapter 7 question 4The blue chart has fill in the blanksTotal direct labor hours neededVOH rate per DL hour Budgeted variable overhead Budgeted fixed overhead Total budgeted factory overhead It's asking for these for both September and October

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Chapter 7 Homework i Saved Help Save & Exit Submit Check my work 4 MCO Leather manufactures leather purses. Each purse requires 3 pounds of direct materials at a cost of $5 per pound and 0.7 direct labor hours at a rate of $14 per hour. Variable manufacturing overhead is charged at a rate of $2 per direct labor hour. Fixed manufacturing overhead is $16,000 per month. The company's policy is to end each month with direct materials inventory equal to 40% of the next month's materials requirement. At the end of August the company had 4,180 pounds of direct materials in inventory. 2 The company's production budget reports the following. points Production Budget September October November Units to be produced 5, 600 7,000 6,300 Skipped (1) Prepare direct materials budgets for September and October. eBook (2) Prepare direct labor budgets for September and October. Hint (3) Prepare factory overhead budgets for September and October. Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare factory overhead budgets for September and October. Mc

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