Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of these is "Andie the Llama." Each Andie takes 0.30 yard of fabric and eight ounces of polyfiberfill. Fabric costs $3.50 per yard and polyfiberfill is $0.05 per ounce. Macchu has budgeted production of Andies for the next four months as follows: Units October 42,000 November 90,000 December January 50,000 40,000 Inventory policy requires that sufficient fabric be in ending monthly inventory to satisfy 10 percent of the following month's production needs and sufficient polyfiberfill be in inventory to satisfy 15 percent of the following month's production needs. Inventory of fabric and polyfiberfill at the beginning of October equals exactly the amount needed to satisfy the inventory policy. Each Andie produced requires (on average) 0.25 direct labor hour. The average cost of direct labor is $14 per hour. 2. Prepare a direct materials purchases budget of polyfiberfill for the last quarter of the year showing purchases in units and in dollars for each month and for the quarter in total. Round your answers to the nearest cent, if required. Macchu Company Direct Materials Purchases Budget for Polyfiberfill For the Fourth Quarter October November December Total Units produced DM per unit (oz.) Production needs Desired ending inventory (oz.) Total needed Less: Beginning inventory DM to be purchased (oz.) Cost per ounce Total purchase cost 3. Prepare a direct labor budget for the last quarter of the year showing the hours needed and the direct labor cost for each month and for the quarter in total. Round your answers to the nearest cent, if required. Macchu Company Direct Labor Budget For the Fourth Quarter October November December Total Units produced Direct labor time per unit (hours) Direct labor hours needed Cost per direct labor hour Total direct labor cost