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Garden Yeti manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $ 3 perpound and 0 . 4 direct
Garden Yeti manufactures garden sculptures. Each sculpture requires pounds of direct materials at a cost of $ perpound and direct labor hour at a rate of $ per hour. Variable overhead is budgeted at a rate of $ per direct labor hour. Budgeted fixed overhead is $ per month. The company's policy is to maintain direct materials inventory equal to of the next month's direct materials requirement. At the end of February the company had pounds of direct materials in inventory. The company's production budget reports the following.
tableProduction Budget,March,April,MayUnits to produce,
Prepare direct materials budgets for March and April.
Prepare direct labor budgets for March and April.
Prepare factory overhead budgets for March and April.
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Prepare direct materials budgets for March and April.
tableGARDEN YETI,Direct Materials Budget,,Units to produce,March,AprilMaterials needed for production poundsTotal materials required poundsMaterials to purchase pounds
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