Down Under Products' sales budget for the next four months is as follows: The company wants its ending irrventory levels to equal 15% of the following month's unit sales. The inventory at the end of March wa5 10,500 units Required: Prepare a production budget, by month and in total, for the second quarter. The production manager of Rordan Corporation prepared the following quarterly production forecast for next year: Each unit requires 0.35 direct labor-hout, and direct laborers are paid $14.00 per hour. Required: 1. Prepare a direct labor budget for next year. Note: Round "Direct lobor time per unit (hours)" answers to 2 decimal places. Two grams of musk oil are requited for each bottle of Mink Caress, a popular perfume made by a company in western Siberia. The cost of the musk oll is $1.50 per gram. Budgeted quarterly production of Mink Caress is glven below for Year 2 and the first quarter of Year 3: The inventory of musk oll at the end of a quarter must equal 20% of the following quarter's production needs. A total of 29.600 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2