Magnolia, Inc., manufactures bedding sets. The budgeted production is for 26,300 comforters this year. Each comforter requires 7 yards of material. The estimated January 1 beginning inventory is 4,750 yards with the desired ending balance of 3,400 yards of material. If the material costs $4.70 per yard, determine the materials budget for the year. Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 48,700 comforters this year. Each comforter requires 1.5 hours to cut and sew the material. The cost of cutting and sewing labor is $15.60 per hour. Determine the direct labor budget for this year. Previous Next