management predicts that 5,000 skis and 6.000 pounds of carbon fiber will be in inventory on June els S20 por curbon fiber can be purchased for $15 per pound, Each ski requires 0.5 hours of direct labor at 20 per hour. Variable overhead is applied at the rate of $8 per direct labor hour. The company budgets fixed overhead of $1,782,000 for the quarter. Required 1. Prepare the third-quarter production budget for skis. 2. Prepare the third-quarter direct materials (carbon fiber) budget: include the dollar cost of purchases. 3. Prepare the direct labor budget for the third quarter. 4. Prepare the factory overhead budget for the third quarter.