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Foster Company makes power tools. The sales budget for drills for the first four months of the year is as follows: Foster has taken a

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Foster Company makes power tools. The sales budget for drills for the first four months of the year is as follows: Foster has taken a just-in-time approach to production and wants only 6 percent of the next month's sales needs in ending inventory. January 1 inventory of drilis was zero. Each drill takes 15 minutes of direct labor at $15 per hour. The factory overhead formula is $29,000+$1.20 per direct labor hour. Required: Round your answers to the nearst whole unit or whole dollar. A. What is the budgeted production for January? drills B. What is the budgeted production for February? drills C. What is the budgeted production for the entire first quarter of the year? drills D. What is the budgeted direct labor cost for January? E. What is the budgeted direct labor cost for February? Foster has taken a just-in-time approach to production and wants only 6 percent of the next month's sales nee January 1 inventory of drills was zero. Each drill takes 15 minutes of direct labor at $15 per hour. The factory 0 $29,000+$1.20 per direct labor hour. Required: Round your answers to the nearst whole unit or whole dollar. A. What is the budgeted production for January? drills B. What is the budgeted production for February? drills C. What is the budgeted production for the entire first quarter of the year? drills D. What is the budgeted direct labor cost for January? E. What is the budgeted direct labor cost for February? F. What is the budgeted variable overhead for March? G. What is the budgeted total overhead for March

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