Manderlce Cosmetics Inc. produces a bubble bath in an eight-ounce bottle. The bubble bath is sold wholesale in 12-bottle cases for $200 per case. The direct materials, direct labor, and factory overhead costs are as follows: DIRECT MATERIALS Cost Units Cost Direct Materials Behavior per Case per Unit Cost per Case Soap base Variable 100 025. $0.10 $10.00 Natural oils Variable 40 025. 0.50 20.00 Bottle (8-02.) Variable 12 bottles 0.40 4.80 $34.80 DIRECT LABOR Department Cost Time Labor Rate Direct Labor Behavior per Case per Hour Cost per Case Mixing Variable 30 min. $24.00 $12.00 Filling Variable 10 18.00 3.00 15.00 During July of the current year, the management of Manderlee Cosmetics Inc. asked the controller to prepare August manufacturing and income statement budgets. Demand was expected to be 5,000 cases at $200 per case for August. Inventory planning information is provided as follows: Finished Goods Inventory: Case Cost Estimated nished goods inventory, August 1, 2022 500 $24,900 Desired finished goods inventory, August 31, 2022 250 12,450 Materials Inventory: Cream Base Oils Bottles (013.) (02s.) (bottles) Estimated materials inventory, August 1, 2022 2,500 250 500 Desired materials inventory, August 31, 2022 3,000 400 480 There was negligible work in process inventory assumed for either the beginning or end of the month; thus, none was assumed. In addition, there was no change in the cost per unit or estimated units per case operating data. Required: Accounting 1B Written Assignment Review Week Comprehensive Problem Part 2 1. Prepare the August production bud_et. Enter all amounts as ositive numbers. Manderlee Cosmetics Inc. Production Budget For the Month Ended Au st 31, 2022 Expected cases to be sold Total cases to be produced 2. Prepare the August direct materials purchases budget. Enter the unit price to the nearest cent. Enter all amounts as positive numbers. Manderlee Cosmetics Inc. Direct Materials Purchases Budget For the Month Ended Augst 31, 2022 Glue Base (02s.) Cream (025.) (33:32:) Total Units required for production Plus desired ending inventory Less estimated beginning inventory Direct materials to be purchased Unit price Total direct materials to be purchased _ 3. Prepare the August direct labor budget. For hours required, round to nearest whole hour. For hourly rate, enter to the nearest cent, if required. Manderlee Cosmetics Inc. Direct Labor Budget For the Month Ended Au st 31, 2022 Hours required for production Hourly rate Total direct labor cost