If the expected sales volume for the current period is 7,400 units, the desired ending inventory is 275 units, and the beginning inventory is 313 units, the number of units set forth in the production budget, representing total production for the current period, is Oa. 7,362 Ob. 7,087 Oc. 7,400 Od. 7,675 Magnolia, Inc. manufactures bedding sets. The budgeted production is for 10,300 comforters this year. Each comforter requires 7 yard- of material. The estimated January 1 beginning inventory is 4,270 yards with the desired ending balance of 5,000 yards of material. If the material costs $5.80 per yard, determine the materials budget for the year. Sleep Tight, Inc. manufactures bedding sets. The budgeted production is for 34,900 comforters this year. Each comforter requires 1.5 hours to cut and sew the material. The cost of cutting and sewing labor is $17.80 per hour. Determine the direct labor budget for this year