Garden Yeti manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2 per pound and 0.4 direct labor hour at a rate of $12 per hour. Variable overhead is budgeted at a rate of $2 per direct labor hour. Budgeted fixed overhead is $3,800 per month. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. At the end of February the company had 8,160 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to produce March April May 3,400 4,700 4,900 (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Required Required Required 2 1 3 Prepare direct materials budgets for March and April. GARDEN YETI Direct Materials Budget Units to produce Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases March $ < Required 1 0 0 April 0 $ 0 0 0 Required 2 > Garden Yeti manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2 per pound and 0.4 direct labor hour at a rate of $12 per hour. Variable overhead is budgeted at a rate of $2 per direct labor hour. Budgeted fixed overhead is $3,800 per month. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. At the end of February the company had 8,160 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to produce (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. March April May 3,400 4,700 4,900 Complete this question by entering your answers in the tabs below. Required Required Required 1 2 3 Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to two decimal places.) GARDEN YETI Direct Labor Budget Units to produce Direct labor hours needed Cost of direct labor March April 0 0 $ 0 $ 0 < Required 1 Required 3 > Garden Yeti manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2 per pound and 0.4 direct labor hour at a rate of $12 per hour. Variable overhead is budgeted at a rate of $2 per direct labor hour. Budgeted fixed overhead is $3,800 per month. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. At the end of February the company had 8,160 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to produce March April May 3,400 4,700 4,900 (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Required Required Required 1 2 3 Prepare factory overhead budgets for March and April. GARDEN YETI Factory Overhead Budget Direct labor hours needed Budgeted variable overhead. Budgeted total factory overhead March April $ 0 $ 0 $ 0 $ 0 < Required 2 Required 3 >