Garden Yeti manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $4 per pound and 0.4 direct labor hour at a rate of $16 per hour. Variable overhead is budgeted at a rate of $2 per direct labor hour. Budgeted fixed overhead is $4,200 per month. The companys policy is to maintain direct materials inventory equal to 30% of the next months direct materials requirement. At the end of February the company had 7,680