Garden Yet manufactures garden sculptures. Each sculpture requires 8 pounds of direct matertals at a cost of $2 per pound and 0.4 direct labor hour at a rate of $10 per hour. Vartable overhead is budgeted at a rate of $3 per direct labor hour. Budgeted fixed overhead is $3,200 per month. The company's policy is to maintain direct materials inventory equal to 40% of the next month's direct matenais requirement. At the end of February the company had 9,920 pounds of direct materials in inventory. The company's production budget reports the following. (1) Prepare direct matertals budgets for March and April. (2) Prepare direct labor budgets for March and Aprll. (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Prepare direct materials budgets for March and April