Direct Materials and Direct Labor Budgets Willison Company produces stuffed toy animals $3.5 one of these is Betty Rabbit. Each rabbit takes 0.2 yard of fabric and sk ounces of polyiberfl. labric costs 0 per yard, and polyfiberfill is $0.05 per ounce. Willison has budgeted production of stuffed rabbits for the next 4 months as follows: Units 20,000 40,000 25,000 30,000 October November January Inventory policy requires that sufficient fabric be in ending monthly inventory to satisfy 15% of the following month's production needs and sufficient poly berfill be in inventory satisfy 30% of the following month's production needs. Inventory of fabric and polyfiberM at the beginning of October equals exactly the amount needed to satisfy the inventory policy Each rabbit produced requires (on average) 0.10 direct labor per hour. The average cost of direct labor is $15.50 per hour Required 1. Prepare a direct materials purchases budget of fabric for the last quarter of the year, showing purchases in units and in dollars for each month and for the quarter in total. Do not include a multiplication symbol as part of your answer Willison Company Direct Materials Purchases Budget for Fabric For the Fourth Quarter Previous Next 752 P